What is Invesco NASDAQ 100 ETF's Shariah compliance score?

Invesco NASDAQ 100 ETF's (QQQM) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Invesco NASDAQ 100 ETF pass AAOIFI screening?

Invesco NASDAQ 100 ETF (QQQM) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (QQQM: 0.0%), (3) interest-bearing deposits below 30% (QQQM: 0.0%), and (4) prohibited income below 5% (QQQM: 2.6%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Invesco NASDAQ 100 ETF stock?

Invesco NASDAQ 100 ETF (QQQM) has a non-permissible income ratio of 2.59%. Muslim investors should purify this percentage of any dividends received and capital gains realized from QQQM shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Invesco NASDAQ 100 ETF for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Invesco NASDAQ 100 ETF (QQQM) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about QQQM's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

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 Halal

Invesco NASDAQ 100 ETF

NASDAQFinancial ServicesUS

$304.94

-0.54%

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 21Updated Jun 13, 2026

Non-Compliant

Fails Shariah screening

0Score

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% (16.8%)

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.

81%

17%

Halal81%

Doubtful3%

Haram17%

Unknown0%

Top Holdings

NVDANVIDIA Corp.halal8.37%AAPLApple Inc.halal7.59%MSFTMicrosoft Corp.halal5.67%AMZNAmazon.com, Inc.halal4.36%TSLATesla, Inc.halal3.91%METAMeta Platforms, Inc.halal3.70%GOOGLAlphabet Inc.halal3.53%WMTWalmart Inc.haram3.36%GOOGLAlphabet Inc.halal3.27%AVGOBroadcom Inc.halal2.93%

Compliance History

Not Halalnow
since Jun 2026
Under Review
until the change above

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

Screened: Jun 13, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

Financial Overview

Market Cap

82.3B

Price

$304.94

Sector

Financial Services

Industry

Asset Management - Global

Halal Alternatives in Financial Services

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

GLDA+

SPDR Gold Shares

$388.60

+0.17%

SLVA+

iShares Silver Trust

$60.61

+0.47%

ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

IPCXA+

Inflection Point Acquisition Corp. III

$10.31

+0.00%

AXINA+

Axiom Intelligence Acquisition Corp 1

$10.42

+0.29%

More Financial Services Stocks

JPM

JPMorgan Chase & Co.

Visa Inc.

Mastercard Incorporated

A+

PYPL

PayPal Holdings, Inc.

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

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.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Invesco NASDAQ 100 ETF (QQQM) halal to invest in?

Invesco NASDAQ 100 ETF (QQQM) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Invesco NASDAQ 100 ETF get a F compliance rating?

Invesco NASDAQ 100 ETF's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.

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 (QQQM) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 13, 2026.

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.