As of September 2026, Invesco S&P Smallcap 600 Pure Value ETF is classified as not halal.
NOT HALAL
Is Invesco S&P Smallcap 600 Pure Value ETF Halal?
Shariah Compliance Analysis of RZV ETF
US Equity Small Cap
No. As of September 2026, Invesco S&P Smallcap 600 Pure Value ETF (RZV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Invesco S&P Smallcap 600 Pure Value ETF does not pass Musaffa's business and financial screening criteria.
RZV was created on 2006-03-01 by Invesco. The fund's investment portfolio concentrates primarily on small cap equity. The ETF currently has 224.63m in AUM and 164 holdings. RZV tracks a fundamentally-weighted index of US small-cap, pure value companies.
Invesco S&P Smallcap 600 Pure Value ETF (RZV) Chart
Key Statistics of Invesco S&P Smallcap 600 Pure Value ETF (RZV)
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FAQ's for Invesco S&P Smallcap 600 Pure Value ETF (RZV)
As of September 2026, Invesco S&P Smallcap 600 Pure Value ETF RZV 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 Pure Value ETF using these criteria to determine its compliance status.
The Shariah compliance status of Invesco S&P Smallcap 600 Pure Value 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 Pure Value ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.