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

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

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

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

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

XMVM Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Invesco S&P MidCap Value with Momentum ETF Halal?

Shariah Compliance Analysis of XMVM ETF

US Equity Mid Cap

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

XMVM was created on 2005-03-03 by Invesco. The fund's investment portfolio concentrates primarily on mid cap equity. The ETF currently has 352.72m in AUM and 83 holdings. XMVM tracks a value-weighted index of S&P 400 MidCap stocks selected by value and momentum.

Invesco S&P MidCap Value with Momentum ETF (XMVM) Chart

Key Statistics of Invesco S&P MidCap Value with Momentum ETF (XMVM)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
36.65%
Consumer Discretionary
18.25%
Energy
11.72%
Industrials
8.92%
Information Technology
8.07%
Consumer Staples
6.48%
Materials
3.85%
Real Estate
3.62%
Health Care
1.47%
Utilities
0.80%
Other
0.17%

FAQ's for Invesco S&P MidCap Value with Momentum ETF (XMVM)

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