As of September 2026, Invesco S&P 500 Top 50 ETF is classified as not halal.
NOT HALAL
Is Invesco S&P 500 Top 50 ETF Halal?
Shariah Compliance Analysis of XLG ETF
US Equity Large Cap
No. As of September 2026, Invesco S&P 500 Top 50 ETF (XLG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Invesco S&P 500 Top 50 ETF does not pass Musaffa's business and financial screening criteria.
XLG was created on 2005-05-04 by Invesco. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 11690.31m in AUM and 52 holdings. XLG tracks a market-cap-weighted index of the 50 largest US companies.
Invesco S&P 500 Top 50 ETF (XLG) Chart
Key Statistics of Invesco S&P 500 Top 50 ETF (XLG)
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FAQ's for Invesco S&P 500 Top 50 ETF (XLG)
As of September 2026, Invesco S&P 500 Top 50 ETF XLG 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 Top 50 ETF using these criteria to determine its compliance status.
The Shariah compliance status of Invesco S&P 500 Top 50 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 Top 50 ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.