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SPDR SSGA US Large Cap Low Volatility Index ETF LGLV

LGLV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SPDR SSGA US Large Cap Low Volatility Index ETF is classified as not halal.

NOT HALAL

Is SPDR SSGA US Large Cap Low Volatility Index ETF Halal?

Shariah Compliance Analysis of LGLV ETF

US Equity Large Cap

No. As of September 2026, SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SPDR SSGA US Large Cap Low Volatility Index ETF does not pass Musaffa's business and financial screening criteria.

SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) Chart

Key Statistics of SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV)

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
  • Industrials
    18.12%
  • Financials
    17.83%
  • Real Estate
    10.75%
  • Utilities
    9.49%
  • Consumer Staples
    8.53%
  • Information Technology
    7.61%
  • Health Care
    6.90%
  • Consumer Discretionary
    6.45%
  • Materials
    6.10%
  • Communication Services
    3.69%
  • Energy
    2.72%
  • Other
    1.81%

FAQ's for SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV)

  • As of September 2026, SPDR SSGA US Large Cap Low Volatility Index ETF LGLV 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 SSGA US Large Cap Low Volatility Index ETF using these criteria to determine its compliance status.
  • The Shariah compliance status of SPDR SSGA US Large Cap Low Volatility Index 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 SSGA US Large Cap Low Volatility Index ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.