
DBB: Is Invesco DB Base Metals Fund Halal?
Invesco DB Base Metals Fund
$25.72
+0.78%
Market Cap: 372.9M
About Invesco DB Base Metals Fund
The Invesco DB Base Metals Fund (DBB) endeavors to replicate the performance, whether upward or downward, of the DBIQ Optimum Yield Industrial Metals Index Excess Return (referred to as the Index). The Fund's total return is further augmented by interest income from its investments, predominantly U.S. Treasury securities and money market holdings, after deducting its operating expenses. This Fund offers investors an efficient and accessible avenue for gaining exposure to commodity futures. The underlying Index adheres to a defined set of rules and is composed of futures contracts on actively traded and widely used industrial metals: aluminum, zinc, and Grade A copper. It is important to note that direct investment in this specific Index is not possible. Both the Fund and its benchmark Index undergo adjustments and re-composition annually in November. However, given its speculative characteristics and the inherently volatile nature of the markets it operates within, this Fund may not be appropriate for every investor. The inherent instability of futures contracts means that significant fluctuations in their market values could result in considerable financial setbacks. For a complete overview of potential risks, prospective investors should refer to the "Risk and Other Information" section and the Fund's official Prospectus. Additionally, details regarding compliance notices for IRS Section 1446(f) concerning Publicly Traded Partnerships (PTPs) are accessible via our ETF tax center, and an FAQ for Form 1065 Schedule K-3, relevant to Invesco DB Funds (Securities Act of 1933), is also available.
Sector: Financial Services · Industry: Asset Management
Shariah Compliance Status
Basket Composition
0% 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.
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Frequently Asked Questions
Is Invesco DB Base Metals Fund (DBB) halal to invest in?
Why did Invesco DB Base Metals Fund get a C+ compliance rating?
What could change Invesco DB Base Metals Fund's Shariah verdict?
How often is Invesco DB Base Metals Fund re-screened for Shariah compliance?
Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.
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.