Is Invesco NASDAQ 100 ETF (QQQM) halal? Not Halal. Based on AAOIFI screening, Invesco NASDAQ 100 ETF has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).
QQQM — Is Invesco NASDAQ 100 ETF Halal?
Not HalalInvesco NASDAQ 100 ETF
-
Shariah Compliance Status
Based on AAOIFI screening standards
Non-Compliant
Fails Shariah screening
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Basket-weighted haram holdings exceed 5% (14.8%)
Basket Composition
100% of basket screenedETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.
Financial Overview
Market Cap
-
Price
-
Sector
-
Industry
-
Track QQQM and 10,000+ stocks with AI insights
Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.
Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.