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

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

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

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

You can check the latest Shariah compliance status of Invesco S&P 500 Minimum Variance 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 Minimum Variance ETF SPMV

SPMV Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Invesco S&P 500 Minimum Variance ETF Halal?

Shariah Compliance Analysis of SPMV ETF

US Equity Large Cap

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

SPMV was created on 2017-07-13 by Invesco. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 3.56m in AUM and 126 holdings. SPMV tracks an index of stocks selected from the S&P 500. Holdings are selected and weighted to create a low-volatility portfolio, subject to constraints.

Invesco S&P 500 Minimum Variance ETF (SPMV) Chart

Key Statistics of Invesco S&P 500 Minimum Variance ETF (SPMV)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
24.19%
Health Care
19.13%
Financials
17.06%
Consumer Staples
12.49%
Utilities
9.54%
Consumer Discretionary
5.61%
Communication Services
5.36%
Other
3.76%
Real Estate
1.27%
Industrials
1.27%
Energy
0.32%

FAQ's for Invesco S&P 500 Minimum Variance ETF (SPMV)

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