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

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

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

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

You can check the latest Shariah compliance status of Invesco S&P SmallCap 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 SmallCap Quality ETF XSHQ

XSHQ Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Invesco S&P SmallCap Quality ETF Halal?

Shariah Compliance Analysis of XSHQ ETF

US Equity Small Cap

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

XSHQ was created on 2017-04-06 by Invesco. The fund's investment portfolio concentrates primarily on small cap equity. The ETF currently has 251.79m in AUM and 122 holdings. XSHQ tracks an index of US small-cap stocks selected by return-on-equity, accruals ratio, and financial leverage. Stocks are weighted by these quality factors and scaled by market-cap.

Invesco S&P SmallCap Quality ETF (XSHQ) Chart

Key Statistics of Invesco S&P SmallCap Quality ETF (XSHQ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
26.44%
Industrials
22.49%
Consumer Discretionary
19.74%
Health Care
8.41%
Materials
5.89%
Information Technology
4.98%
Energy
4.63%
Consumer Staples
4.28%
Utilities
0.94%
Real Estate
0.80%
Communication Services
0.70%
Other
0.70%

FAQ's for Invesco S&P SmallCap Quality ETF (XSHQ)

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