Is Sprott Physical Silver Trust (PSLV) halal? Halal. Based on AAOIFI screening, Sprott Physical Silver Trust passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 100/100 (Grade: A+).

PSLV: Is Sprott Physical Silver Trust Halal?
HalalSprott Physical Silver Trust
$21.30
+6.23%
About Sprott Physical Silver Trust
The Sprott Physical Silver Trust functions as an exchange-traded commodity (ETC), with its operations overseen by Sprott Asset Management, LP. Primarily, the fund's investment strategy centers on acquiring and holding physical silver bullion, specifically in the form of London Good Delivery bars. Established on June 30, 2010, this Trust, designed for participation in the commodity markets, is legally domiciled in Canada.
Sector: Financial Services 路 Industry: Asset Management
Shariah Compliance Status
Excellent
Exceptionally strong compliance
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
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.
Compliance History
Halalnow
current status
Under Review
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Financial Overview
Market Cap
13.5B
Price
$21.30
Sector
Financial Services
Industry
Asset Management
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Frequently Asked Questions
Is Sprott Physical Silver Trust (PSLV) halal to invest in?
Why did Sprott Physical Silver Trust get a A+ compliance rating?
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Screened according to AAOIFI Standard No. 21 路 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.