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

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

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

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

You can check the latest Shariah compliance status of Invesco S&P MidCap Low Volatility 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 Low Volatility ETF XMLV

XMLV Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Invesco S&P MidCap Low Volatility ETF Halal?

Shariah Compliance Analysis of XMLV ETF

US Equity Mid Cap

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

XMLV was created on 2013-02-15 by Invesco. The fund's investment portfolio concentrates primarily on mid cap equity. The ETF currently has 757.05m in AUM and 82 holdings. XMLV tracks a volatility-weighted index of the 80 least volatile S&P 400 companies.

Invesco S&P MidCap Low Volatility ETF (XMLV) Chart

Key Statistics of Invesco S&P MidCap Low Volatility ETF (XMLV)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
23.15%
Industrials
17.16%
Real Estate
16.58%
Utilities
14.92%
Materials
7.64%
Consumer Staples
6.29%
Energy
3.80%
Consumer Discretionary
3.44%
Information Technology
3.22%
Health Care
2.64%
Communication Services
1.06%
Other
0.10%

FAQ's for Invesco S&P MidCap Low Volatility ETF (XMLV)

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