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

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

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

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

You can check the latest Shariah compliance status of Invesco S&P MidCap Momentum 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 Momentum ETF XMMO

XMMO Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Invesco S&P MidCap Momentum ETF Halal?

Shariah Compliance Analysis of XMMO ETF

US Equity Mid Cap

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

XMMO was created on 2005-03-03 by Invesco. The fund's investment portfolio concentrates primarily on mid cap equity. The ETF currently has 5187.18m in AUM and 80 holdings. XMMO tracks an index of S&P 400 MidCap stocks selected by momentum and weighted by market cap and momentum.

Invesco S&P MidCap Momentum ETF (XMMO) Chart

Key Statistics of Invesco S&P MidCap Momentum ETF (XMMO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
30.17%
Financials
24.97%
Consumer Discretionary
17.64%
Consumer Staples
7.38%
Health Care
5.10%
Information Technology
4.87%
Energy
4.56%
Materials
2.53%
Real Estate
1.82%
Communication Services
0.90%
Other
0.06%

FAQ's for Invesco S&P MidCap Momentum ETF (XMMO)

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