Is SPDR S&P Global Natural Resources ETF halal to invest in?

As of September 2026, SPDR S&P Global Natural Resources ETF GNR 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 SPDR S&P Global Natural Resources ETF 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 SPDR S&P Global Natural Resources ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SPDR S&P Global Natural Resources ETF updated?

The Shariah compliance status of SPDR S&P Global Natural Resources ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like SPDR S&P Global Natural Resources ETF 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 SPDR S&P Global Natural Resources ETF?

You can check the latest Shariah compliance status of SPDR S&P Global Natural Resources ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

SPDR S&P Global Natural Resources ETF GNR

GNR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SPDR S&P Global Natural Resources ETF is classified as not halal.

NOT HALAL

Is SPDR S&P Global Natural Resources ETF Halal?

Shariah Compliance Analysis of GNR ETF

US Equity Theme

No. As of September 2026, SPDR S&P Global Natural Resources ETF (GNR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SPDR S&P Global Natural Resources ETF does not pass Musaffa's business and financial screening criteria.

GNR was created on 2010-09-13 by SPDR. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 3828.82m in AUM and 92 holdings. GNR tracks an index of global companies in natural resources and/or commodity businesses.

SPDR S&P Global Natural Resources ETF (GNR) Chart

Key Statistics of SPDR S&P Global Natural Resources ETF (GNR)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Materials
56.92%
Energy
28.85%
Other
8.93%
Consumer Staples
4.13%
Real Estate
1.17%

FAQ's for SPDR S&P Global Natural Resources ETF (GNR)

As of September 2026, SPDR S&P Global Natural Resources ETF GNR 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 SPDR S&P Global Natural Resources ETF using these criteria to determine its compliance status.
The Shariah compliance status of SPDR S&P Global Natural Resources ETF 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 SPDR S&P Global Natural Resources ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.