QQQMNot HalalF
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Invesco NASDAQ 100 ETF

QQQM: Is Invesco NASDAQ 100 ETF Halal?

Invesco NASDAQ 100 ETF

NASDAQFinancial ServicesUS

$306.54

Market Cap: 82.7B

Compliance Status

Not Halal

Screened on Sep 25, 2026 · AAOIFI Standard 21 look-through

F

Non-Compliant

0Score

Is Invesco NASDAQ 100 ETF (QQQM) halal? Not Halal. Looking through its holdings under AAOIFI Standard 21, Invesco NASDAQ 100 ETF has 5% or more of its basket by weight in non-compliant holdings with a compliance score of 0/100 (Grade: F).

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HalalScreener rates Invesco NASDAQ 100 ETF (QQQM) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Sep 25, 2026. Source: https://halalscreener.app/en/stock/QQQM

Basket rule

Over the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

12.0% of 5.0% limit

100% of the basket's holdings were screened individually.

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About Invesco NASDAQ 100 ETF

The Invesco NASDAQ 100 ETF (Fund) is based on the NASDAQ-100 Index (Index). The Fund will invest at least 90% of its total assets in the securities that comprise the Index. The Index includes securities of 100 of the largest domestic and international nonfinancial companies listed on Nasdaq. The Fund and Index are rebalanced quarterly and reconstituted annually.

Sector: Financial Services · Industry: Asset Management - Global

Shariah Compliance Status

AAOIFI Standard 21 look-throughUpdated Sep 25, 2026

AI Compliance Insight

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Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

  • Basket-weighted haram holdings exceed 5% (12.0%)

Basket Composition

100% of basket screened

ETFs 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.

85%
12%
Halal85%
Doubtful3%
Not Halal12%
Unknown0%
PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Screened according to AAOIFI Standard 21

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Under Review

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: N/AData source: FMP-LOOKTHROUGH

Halal Alternatives in Financial Services

This fund is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is Invesco NASDAQ 100 ETF (QQQM) halal to invest in?
Invesco NASDAQ 100 ETF (QQQM) is rated Not Halal by holdings look-through. Each holding is screened individually under AAOIFI Standard 21 and the result is weighed. A fund is halal when non-compliant holdings stay under 5% of the basket by weight.
Why did Invesco NASDAQ 100 ETF get a F compliance rating?
Invesco NASDAQ 100 ETF's grade of F (Non-Compliant) reflects the weighted result of its holdings, not one company's ratios: debt and deposit ratios do not describe a fund.
What could change Invesco NASDAQ 100 ETF's Shariah verdict?
Invesco NASDAQ 100 ETF's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.
How often is Invesco NASDAQ 100 ETF re-screened for Shariah compliance?
Invesco NASDAQ 100 ETF is re-screened as its published holdings change. Last screened: Sep 25, 2026.

Screened by holdings look-through under 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. A fund is evaluated by screening its holdings under AAOIFI financial standards and weighing the result, using 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.