Is Invesco S&P MidCap Quality ETF halal to invest in?

As of September 2026, Invesco S&P MidCap Quality ETF XMHQ 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 MidCap Quality 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 MidCap Quality ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Invesco S&P MidCap Quality ETF updated?

The Shariah compliance status of Invesco S&P MidCap Quality 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 MidCap Quality 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 MidCap Quality ETF?

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

Invesco S&P MidCap Quality ETF XMHQ

XMHQ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Invesco S&P MidCap Quality ETF is classified as not halal.

NOT HALAL

Is Invesco S&P MidCap Quality ETF Halal?

Shariah Compliance Analysis of XMHQ ETF

US Equity Mid Cap

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

XMHQ was created on 2006-12-01 by Invesco. The fund's investment portfolio concentrates primarily on mid cap equity. The ETF currently has 5161.33m in AUM and 82 holdings. XMHQ tracks the S&P mid-cap 400 Quality Index, which screens stocks based on fundamental factors and weights them using a multi-factor approach.

Invesco S&P MidCap Quality ETF (XMHQ) Chart

Key Statistics of Invesco S&P MidCap Quality ETF (XMHQ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
36.78%
Consumer Discretionary
14.71%
Information Technology
13.41%
Financials
11.47%
Health Care
7.76%
Materials
6.60%
Consumer Staples
5.32%
Energy
3.93%

FAQ's for Invesco S&P MidCap Quality ETF (XMHQ)

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