Is SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) halal? Halal. Based on AAOIFI screening, SP Funds S&P 500 Sharia Industry Exclusions ETF passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 100/100 (Grade: A+).
SPUS β Is SP Funds S&P 500 Sharia Industry Exclusions ETF Halal?
HalalSP Funds S&P 500 Sharia Industry Exclusions ETF
$53.20
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Is SPUS ETF Halal? SP Funds S&P 500 Sharia Industry Exclusions ETF
Shariah Compliance Status
Based on AAOIFI screening standards
Excellent
Exceptionally strong compliance
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
PassedFinancial ratios must be below AAOIFI thresholds
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Calculate your purification amount for SPUS dividends based on AAOIFI standards.
Financial Overview
Market Cap
2.3B
Price
$53.20
Sector
-
Industry
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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.