Musaffa Logo
Invesco Dorsey Wright Basic Materials Momentum ETF PYZ

Is Invesco Dorsey Wright Basic Materials Momentum ETF Halal?

Shariah Compliance Analysis of PYZ ETF

No. As of October 2026, Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

PYZ was created on 2006-10-12 by Invesco. The fund's investment portfolio concentrates primarily on materials equity. The ETF currently has 78.58m in AUM and 47 holdings. PYZ tracks an index of US basic materials firms selected and weighted by price momentum.

PYZ Shariah Compliance

As of October 2026, Invesco Dorsey Wright Basic Materials Momentum ETF is classified as not halal.

NOT HALAL

Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) Chart

Fetching Price Chart...