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

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

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

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

You can check the latest Shariah compliance status of Invesco S&P SmallCap 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 SmallCap Momentum ETF XSMO

XSMO Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Invesco S&P SmallCap Momentum ETF Halal?

Shariah Compliance Analysis of XSMO ETF

US Equity Small Cap

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

XSMO was created on 2005-03-03 by Invesco. The fund's investment portfolio concentrates primarily on small cap equity. The ETF currently has 2116.63m in AUM and 113 holdings. XSMO tracks an index of US small-caps stocks selected by momentum. Holdings are weighted by a combination of market cap and momentum.

Invesco S&P SmallCap Momentum ETF (XSMO) Chart

Key Statistics of Invesco S&P SmallCap Momentum ETF (XSMO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
29.26%
Financials
24.52%
Consumer Discretionary
12.58%
Health Care
8.99%
Materials
7.46%
Information Technology
6.32%
Real Estate
6.03%
Energy
2.15%
Communication Services
1.27%
Consumer Staples
1.19%
Other
0.23%

FAQ's for Invesco S&P SmallCap Momentum ETF (XSMO)

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