Is Invesco S&P 500 QVM Multi-factor ETF halal to invest in?

As of September 2026, Invesco S&P 500 QVM Multi-factor ETF QVML 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 S&P 500 QVM Multi-factor 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 S&P 500 QVM Multi-factor ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Invesco S&P 500 QVM Multi-factor ETF updated?

The Shariah compliance status of Invesco S&P 500 QVM Multi-factor 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 S&P 500 QVM Multi-factor 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 S&P 500 QVM Multi-factor ETF?

You can check the latest Shariah compliance status of Invesco S&P 500 QVM Multi-factor ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Invesco S&P 500 QVM Multi-factor ETF QVML

QVML Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Invesco S&P 500 QVM Multi-factor ETF is classified as not halal.

NOT HALAL

Is Invesco S&P 500 QVM Multi-factor ETF Halal?

Shariah Compliance Analysis of QVML ETF

US Equity Large Cap

No. As of September 2026, Invesco S&P 500 QVM Multi-factor ETF (QVML) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Invesco S&P 500 QVM Multi-factor ETF does not pass Musaffa's business and financial screening criteria.

QVML was created on 2021-06-30 by Invesco. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 1500.53m in AUM and 451 holdings. QVML tracks a market-cap-weighted index that selects the top 90% of stocks in the S&P 500 based on three factors: quality, value, and momentum.

Invesco S&P 500 QVM Multi-factor ETF (QVML) Chart

Key Statistics of Invesco S&P 500 QVM Multi-factor ETF (QVML)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
32.33%
Financials
11.65%
Health Care
11.05%
Industrials
8.19%
Consumer Discretionary
8.03%
Other
6.82%
Consumer Staples
5.98%
Communication Services
5.34%
Energy
4.19%
Utilities
2.50%
Materials
2.17%
Real Estate
1.75%

FAQ's for Invesco S&P 500 QVM Multi-factor ETF (QVML)

As of September 2026, Invesco S&P 500 QVM Multi-factor ETF QVML 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 S&P 500 QVM Multi-factor ETF using these criteria to determine its compliance status.
The Shariah compliance status of Invesco S&P 500 QVM Multi-factor 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 S&P 500 QVM Multi-factor ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.