Is Tema S&P 500 Historical Weight ETF Strategy halal to invest in?

As of September 2026, Tema S&P 500 Historical Weight ETF Strategy DSPY is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Tema S&P 500 Historical Weight ETF Strategy a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Tema S&P 500 Historical Weight ETF Strategy using these criteria to determine its compliance status.

How often is the Shariah compliance for Tema S&P 500 Historical Weight ETF Strategy updated?

The Shariah compliance status of Tema S&P 500 Historical Weight ETF Strategy may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Tema S&P 500 Historical Weight ETF Strategy become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of Tema S&P 500 Historical Weight ETF Strategy?

You can check the latest Shariah compliance status of Tema S&P 500 Historical Weight ETF Strategy on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Tema S&P 500 Historical Weight ETF Strategy DSPY

DSPY Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Tema S&P 500 Historical Weight ETF Strategy is classified as not halal.

NOT HALAL

Is Tema S&P 500 Historical Weight ETF Strategy Halal?

Shariah Compliance Analysis of DSPY ETF

US Equity Large Cap

No. As of September 2026, Tema S&P 500 Historical Weight ETF Strategy (DSPY) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Tema S&P 500 Historical Weight ETF Strategy does not pass Musaffa's business and financial screening criteria.

DSPY was created on 2025-04-01 by Tema. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 788.59m in AUM and 503 holdings. DSPY is actively managed, investing in the securities of the S&P 500 index while utilizing a weight-adjusted methodology. It aims to create a portfolio reflecting the indexs average concentration levels since 1989 through historical weightings.

Tema S&P 500 Historical Weight ETF Strategy (DSPY) Chart

Key Statistics of Tema S&P 500 Historical Weight ETF Strategy (DSPY)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for Tema S&P 500 Historical Weight ETF Strategy (DSPY)

As of September 2026, Tema S&P 500 Historical Weight ETF Strategy DSPY is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Tema S&P 500 Historical Weight ETF Strategy using these criteria to determine its compliance status.
The Shariah compliance status of Tema S&P 500 Historical Weight ETF Strategy may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of Tema S&P 500 Historical Weight ETF Strategy on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.