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

As of October 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.

Invest

Invest on your own

We do it for you

Halal tools

Screeners

Your portfolio

Link your portfolio

Calculators

Shariah

Our certifications

Certifications & oversight

Learn

Education

Get help

News

Newsroom

Pricing

Plans by product

Company

About Musaffa

Investors

Build with us

Screening API

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

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

Shariah Compliance Analysis of XLBS.L ETF

No. As of October 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.

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

XLBS.L Shariah Compliance

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

NOT HALAL

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

Fetching Price Chart...