As of September 2026, SPDR S&P Capital Markets ETF is classified as not halal.
NOT HALAL
Is SPDR S&P Capital Markets ETF Halal?
Shariah Compliance Analysis of KCE ETF
US Equity Financials
No. As of September 2026, SPDR S&P Capital Markets ETF (KCE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SPDR S&P Capital Markets ETF does not pass Musaffa's business and financial screening criteria.
KCE was created on 2005-11-08 by SPDR. The fund's investment portfolio concentrates primarily on financials equity. The ETF currently has 542.33m in AUM and 65 holdings. KCE tracks an equal-weighted index of US capital markets companies, as defined by GICS.
SPDR S&P Capital Markets ETF (KCE) Chart
Key Statistics of SPDR S&P Capital Markets ETF (KCE)
Today's Open
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AUM
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Avg. Volume
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Expense Ratio
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P/E Ratio
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P/B Ratio
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Sector Exposure
Financials
98.11%
Real Estate
1.77%
Other
0.12%
FAQ's for SPDR S&P Capital Markets ETF (KCE)
As of September 2026, SPDR S&P Capital Markets ETF KCE 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 Capital Markets ETF using these criteria to determine its compliance status.
The Shariah compliance status of SPDR S&P Capital Markets 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 Capital Markets ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.