Is IVZ (Invesco Ltd.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, IVZ is Not Halal (Haram) and is not considered permissible for Muslim investors. It failed 2 of 4 compliance screens. Invesco Ltd.'s core business activity was found to be non-compliant. Its debt-to-market-cap ratio of 89.13% exceeds the ≤33% threshold.

Invesco Ltd. is a global investment management firm that serves both retail and institutional clients, including public entities, pension funds, and sovereign wealth funds. The company manages a wide array of separate equity and fixed income portfolios, alongside launching mutual funds and exchange-traded funds (ETFs) across global markets. For Muslim investors, Invesco Ltd. is classified as Not Halal (Haram) due to critical failures in both business activity and financial screening. The firm's core operations in conventional finance violate Islamic principles, and it fails the debt threshold, meaning investors seeking shariah-compliant options must look elsewhere. From an Islamic finance perspective, Invesco carries a deeply concerning debt-to-market cap ratio of 89.1%, severely breaching the 33% AAOIFI limit. However, its cash and interest-bearing securities to market cap ratio of 17.4% and its interest income ratio of 0.85% do remain within permissible boundaries. Because its primary revenue is derived from conventional asset management, including interest-based fixed income products, there is no scholarly debate regarding its non-compliance. Muslim investors should strictly avoid this stock and seek asset managers that exclusively offer halal investment vehicles. Invesco Ltd. operates in the Financial Services sector under the Asset Management industry and is headquartered in Atlanta, GA, US. The company is led by CEO Andrew Ryan Schlossberg and employs approximately 8,495 people.

IVZ was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. IVZ passed 2 of these 4 screens.

IVZ was last screened on 2026-04-29. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.