Is Invesco ESG NASDAQ 100 ETF halal to invest in?

As of September 2026, Invesco ESG NASDAQ 100 ETF QQMG is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Invesco ESG NASDAQ 100 ETF a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Invesco ESG NASDAQ 100 ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Invesco ESG NASDAQ 100 ETF updated?

The Shariah compliance status of Invesco ESG NASDAQ 100 ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Invesco ESG NASDAQ 100 ETF become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of Invesco ESG NASDAQ 100 ETF?

You can check the latest Shariah compliance status of Invesco ESG NASDAQ 100 ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Invesco ESG NASDAQ 100 ETF QQMG

QQMG Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Invesco ESG NASDAQ 100 ETF is classified as not halal.

NOT HALAL

Is Invesco ESG NASDAQ 100 ETF Halal?

Shariah Compliance Analysis of QQMG ETF

US Equity Large Cap

No. As of September 2026, Invesco ESG NASDAQ 100 ETF (QQMG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Invesco ESG NASDAQ 100 ETF does not pass Musaffa's business and financial screening criteria.

QQMG was created on 2021-10-27 by Invesco. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 167.36m in AUM and 91 holdings. QQMG tracks an index of NASDAQ-100 stocks screened and weighted based on various environmental, social, and governance criteria.

Invesco ESG NASDAQ 100 ETF (QQMG) Chart

Key Statistics of Invesco ESG NASDAQ 100 ETF (QQMG)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
59.69%
Consumer Discretionary
10.71%
Communication Services
9.90%
Health Care
5.36%
Consumer Staples
4.52%
Industrials
4.02%
Other
2.69%
Materials
2.04%
Financials
0.63%
Utilities
0.25%
Real Estate
0.19%

FAQ's for Invesco ESG NASDAQ 100 ETF (QQMG)

As of September 2026, Invesco ESG NASDAQ 100 ETF QQMG is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Invesco ESG NASDAQ 100 ETF using these criteria to determine its compliance status.
The Shariah compliance status of Invesco ESG NASDAQ 100 ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of Invesco ESG NASDAQ 100 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.