The ETF is Not Compliant. It has significant stake in the Financials sector.
SPMO – Invesco S&P 500 Momentum ETF
🔒
Not Compliant
☆☆☆☆☆ 0/5
- Equity
- Equity US
- ETF
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Impure Income
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Zakat per Share*
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Purification
Debt
0.00%
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Non-Compliant Assets
0.00%
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Impure Income
0.00%
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Debt
0.00%
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Impure Income
0.00%
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Debt
0.00%
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Impure Income
0.00%
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Debt
0.00%
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Cash
0.00%
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Cash & AR
0.00%
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Impure Income
0.00%
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Debt
0.00%
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Cash
0.00%
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Cash & AR
0.00%
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Impure Income
0.00%
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ETF Objective
The Fund seeks investment results that correspond to the price and yield of the S&P 500 Momentum Index. The Fund invests at least 90% of its total assets in common stocks that comprise the Underlying Index, designed to track the performance of 100 stocks in the S&P 500 Index that have the highest momentum score.
We do our best to screen stocks as accurately as possible. Please let us know in the Community if you spot an error or find something questionable. Jazaak Allahu khairan.