Is SPDR S&P Insurance ETF halal to invest in?

As of September 2026, SPDR S&P Insurance ETF KIE 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 Insurance 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 Insurance ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SPDR S&P Insurance ETF updated?

The Shariah compliance status of SPDR S&P Insurance 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 Insurance 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 Insurance ETF?

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

SPDR S&P Insurance ETF KIE

KIE Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is SPDR S&P Insurance ETF Halal?

Shariah Compliance Analysis of KIE ETF

US Equity Financials

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

KIE was created on 2005-11-08 by SPDR. The fund's investment portfolio concentrates primarily on financials equity. The ETF currently has 593.32m in AUM and 56 holdings. KIE tracks an equal-weighted-index of insurance companies, as defined by GICS.

SPDR S&P Insurance ETF (KIE) Chart

Key Statistics of SPDR S&P Insurance ETF (KIE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
99.92%
Other
0.08%

FAQ's for SPDR S&P Insurance ETF (KIE)

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