Is SPDR S&P Kensho New Economies Composite ETF halal to invest in?

As of September 2026, SPDR S&P Kensho New Economies Composite ETF KOMP 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 Kensho New Economies Composite 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 Kensho New Economies Composite ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SPDR S&P Kensho New Economies Composite ETF updated?

The Shariah compliance status of SPDR S&P Kensho New Economies Composite 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 Kensho New Economies Composite 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 Kensho New Economies Composite ETF?

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

SPDR S&P Kensho New Economies Composite ETF KOMP

KOMP Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SPDR S&P Kensho New Economies Composite ETF is classified as not halal.

NOT HALAL

Is SPDR S&P Kensho New Economies Composite ETF Halal?

Shariah Compliance Analysis of KOMP ETF

US Equity Theme

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

KOMP was created on 2018-10-22 by SPDR. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 2457.69m in AUM and 484 holdings. KOMP tracks a tier-weighted index of US-listed companies with products or services that disrupt traditional industries.

SPDR S&P Kensho New Economies Composite ETF (KOMP) Chart

Key Statistics of SPDR S&P Kensho New Economies Composite ETF (KOMP)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
28.88%
Industrials
27.21%
Health Care
17.46%
Other
5.93%
Consumer Discretionary
5.27%
Utilities
4.75%
Communication Services
4.17%
Financials
2.82%
Materials
2.01%
Energy
0.99%
Consumer Staples
0.51%

FAQ's for SPDR S&P Kensho New Economies Composite ETF (KOMP)

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