Is Invesco S&P SmallCap 600 Revenue ETF halal to invest in?

As of September 2026, Invesco S&P SmallCap 600 Revenue ETF RWJ 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 SmallCap 600 Revenue 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 SmallCap 600 Revenue ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Invesco S&P SmallCap 600 Revenue ETF updated?

The Shariah compliance status of Invesco S&P SmallCap 600 Revenue 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 SmallCap 600 Revenue 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 SmallCap 600 Revenue ETF?

You can check the latest Shariah compliance status of Invesco S&P SmallCap 600 Revenue ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Invesco S&P SmallCap 600 Revenue ETF RWJ

RWJ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Invesco S&P SmallCap 600 Revenue ETF is classified as not halal.

NOT HALAL

Is Invesco S&P SmallCap 600 Revenue ETF Halal?

Shariah Compliance Analysis of RWJ ETF

US Equity Small Cap

No. As of September 2026, Invesco S&P SmallCap 600 Revenue ETF (RWJ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Invesco S&P SmallCap 600 Revenue ETF does not pass Musaffa's business and financial screening criteria.

RWJ was created on 2008-02-19 by Invesco. The fund's investment portfolio concentrates primarily on small cap equity. The ETF currently has 1573.13m in AUM and 605 holdings. RWJ tracks an index of S&P SmallCap 600 Index stocks that are weighted by revenue.

Invesco S&P SmallCap 600 Revenue ETF (RWJ) Chart

Key Statistics of Invesco S&P SmallCap 600 Revenue ETF (RWJ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
24.16%
Industrials
18.37%
Financials
12.16%
Energy
9.13%
Consumer Staples
8.07%
Information Technology
7.85%
Health Care
5.84%
Materials
5.34%
Communication Services
5.22%
Real Estate
2.99%
Utilities
0.67%
Other
0.20%

FAQ's for Invesco S&P SmallCap 600 Revenue ETF (RWJ)

As of September 2026, Invesco S&P SmallCap 600 Revenue ETF RWJ 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 SmallCap 600 Revenue ETF using these criteria to determine its compliance status.
The Shariah compliance status of Invesco S&P SmallCap 600 Revenue 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 SmallCap 600 Revenue ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.