Is Pacer American Energy Independence ETF halal to invest in?

As of September 2026, Pacer American Energy Independence ETF USAI 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 Pacer American Energy Independence 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 Pacer American Energy Independence ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Pacer American Energy Independence ETF updated?

The Shariah compliance status of Pacer American Energy Independence 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 Pacer American Energy Independence 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 Pacer American Energy Independence ETF?

You can check the latest Shariah compliance status of Pacer American Energy Independence ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Pacer American Energy Independence ETF USAI

USAI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Pacer American Energy Independence ETF is classified as not halal.

NOT HALAL

Is Pacer American Energy Independence ETF Halal?

Shariah Compliance Analysis of USAI ETF

US Equity Energy

No. As of September 2026, Pacer American Energy Independence ETF (USAI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Pacer American Energy Independence ETF does not pass Musaffa's business and financial screening criteria.

USAI was created on 2017-12-12 by Pacer. The fund's investment portfolio concentrates primarily on energy equity. The ETF currently has 82.11m in AUM and 26 holdings. USAI tracks an index of US and Canadian MLPs involved in midstream energy infrastructure.

Pacer American Energy Independence ETF (USAI) Chart

Key Statistics of Pacer American Energy Independence ETF (USAI)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Energy
99.75%
Other
0.25%

FAQ's for Pacer American Energy Independence ETF (USAI)

As of September 2026, Pacer American Energy Independence ETF USAI 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 Pacer American Energy Independence ETF using these criteria to determine its compliance status.
The Shariah compliance status of Pacer American Energy Independence 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 Pacer American Energy Independence ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.