Is Invesco Materials S&P US Select Sector UCITS ETF halal to invest in?

As of September 2026, Invesco Materials S&P US Select Sector UCITS ETF XLBS.L 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 Materials S&P US Select Sector UCITS 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 Materials S&P US Select Sector UCITS ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Invesco Materials S&P US Select Sector UCITS ETF updated?

The Shariah compliance status of Invesco Materials S&P US Select Sector UCITS 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 Materials S&P US Select Sector UCITS 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 Materials S&P US Select Sector UCITS ETF?

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

Invesco Materials S&P US Select Sector UCITS ETF XLBS.L

XLBS.L Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Invesco Materials S&P US Select Sector UCITS ETF is classified as not halal.

NOT HALAL

Is Invesco Materials S&P US Select Sector UCITS ETF Halal?

Shariah Compliance Analysis of XLBS.L ETF

GB Equity Materials

No. As of September 2026, Invesco Materials S&P US Select Sector UCITS ETF (XLBS.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Invesco Materials S&P US Select Sector UCITS ETF does not pass Musaffa's business and financial screening criteria.

XLBS.L was created on 2009-12-16 by Invesco. The fund's investment portfolio concentrates primarily on materials equity. The ETF currently has 17.61m in AUM and 27 holdings. The investment objective of the Fund is to achieve the net total return performance of the S&P Select Sector Capped 20% Materials Index (the Reference Index) less fees, expenses and transaction costs.

Invesco Materials S&P US Select Sector UCITS ETF (XLBS.L) Chart

Key Statistics of Invesco Materials S&P US Select Sector UCITS ETF (XLBS.L)

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FAQ's for Invesco Materials S&P US Select Sector UCITS ETF (XLBS.L)

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