Is Invesco S&P 500 Momentum ETF halal to invest in?

As of September 2026, Invesco S&P 500 Momentum ETF SPMO 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 Momentum 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 Momentum ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Invesco S&P 500 Momentum ETF updated?

The Shariah compliance status of Invesco S&P 500 Momentum 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 Momentum 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 Momentum ETF?

You can check the latest Shariah compliance status of Invesco S&P 500 Momentum 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 Momentum ETF SPMO

SPMO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Invesco S&P 500 Momentum ETF is classified as not halal.

NOT HALAL

Is Invesco S&P 500 Momentum ETF Halal?

Shariah Compliance Analysis of SPMO ETF

US Equity Large Cap

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

SPMO was created on 2015-10-09 by Invesco. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 13620.72m in AUM and 101 holdings. SPMO tracks an index of 100 S&P 500 components with the strongest volatility-adjusted momentum.

Invesco S&P 500 Momentum ETF (SPMO) Chart

Key Statistics of Invesco S&P 500 Momentum ETF (SPMO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
47.75%
Consumer Discretionary
11.34%
Communication Services
10.07%
Health Care
9.11%
Industrials
8.07%
Other
3.81%
Financials
3.58%
Consumer Staples
3.30%
Materials
1.85%
Energy
0.63%
Utilities
0.39%
Real Estate
0.10%

FAQ's for Invesco S&P 500 Momentum ETF (SPMO)

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