Is SPDR Galaxy Hedged Digital Asset Ecosystem ETF halal to invest in?

As of September 2026, SPDR Galaxy Hedged Digital Asset Ecosystem ETF HECO 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 Galaxy Hedged Digital Asset Ecosystem 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 Galaxy Hedged Digital Asset Ecosystem ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SPDR Galaxy Hedged Digital Asset Ecosystem ETF updated?

The Shariah compliance status of SPDR Galaxy Hedged Digital Asset Ecosystem 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 Galaxy Hedged Digital Asset Ecosystem 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 Galaxy Hedged Digital Asset Ecosystem ETF?

You can check the latest Shariah compliance status of SPDR Galaxy Hedged Digital Asset Ecosystem ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

SPDR Galaxy Hedged Digital Asset Ecosystem ETF HECO

HECO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SPDR Galaxy Hedged Digital Asset Ecosystem ETF is classified as not halal.

NOT HALAL

Is SPDR Galaxy Hedged Digital Asset Ecosystem ETF Halal?

Shariah Compliance Analysis of HECO ETF

US Equity Theme

No. As of September 2026, SPDR Galaxy Hedged Digital Asset Ecosystem ETF (HECO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SPDR Galaxy Hedged Digital Asset Ecosystem ETF does not pass Musaffa's business and financial screening criteria.

HECO was created on 2024-09-09 by SPDR. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 67.83m in AUM and 30 holdings. HECO is actively managed, seeking long-term capital appreciation by investing in companies positioned to capitalize on opportunities within the blockchain and crypto industries, while also gaining crypto exposure through ETFs and futures contracts. The fund also uses an options overlay strategy.

SPDR Galaxy Hedged Digital Asset Ecosystem ETF (HECO) Chart

Key Statistics of SPDR Galaxy Hedged Digital Asset Ecosystem ETF (HECO)

Today's Open

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FAQ's for SPDR Galaxy Hedged Digital Asset Ecosystem ETF (HECO)

As of September 2026, SPDR Galaxy Hedged Digital Asset Ecosystem ETF HECO 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 Galaxy Hedged Digital Asset Ecosystem ETF using these criteria to determine its compliance status.
The Shariah compliance status of SPDR Galaxy Hedged Digital Asset Ecosystem 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 Galaxy Hedged Digital Asset Ecosystem ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.