Is SPDR S&P 1500 Momentum Tilt ETF halal to invest in?

As of September 2026, SPDR S&P 1500 Momentum Tilt ETF MMTM 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 1500 Momentum Tilt 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 1500 Momentum Tilt ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SPDR S&P 1500 Momentum Tilt ETF updated?

The Shariah compliance status of SPDR S&P 1500 Momentum Tilt 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 1500 Momentum Tilt 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 1500 Momentum Tilt ETF?

You can check the latest Shariah compliance status of SPDR S&P 1500 Momentum Tilt ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

SPDR S&P 1500 Momentum Tilt ETF MMTM

MMTM Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SPDR S&P 1500 Momentum Tilt ETF is classified as not halal.

NOT HALAL

Is SPDR S&P 1500 Momentum Tilt ETF Halal?

Shariah Compliance Analysis of MMTM ETF

US Equity Total Market

No. As of September 2026, SPDR S&P 1500 Momentum Tilt ETF (MMTM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SPDR S&P 1500 Momentum Tilt ETF does not pass Musaffa's business and financial screening criteria.

MMTM was created on 2012-10-24 by SPDR. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 165.65m in AUM and 1477 holdings. MMTM tracks a tiered index that weights securities from the S&P 1500 according to a combination of their market capitalization and their price momentum over the previous 12 months.

SPDR S&P 1500 Momentum Tilt ETF (MMTM) Chart

Key Statistics of SPDR S&P 1500 Momentum Tilt ETF (MMTM)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
35.16%
Financials
13.70%
Industrials
9.84%
Consumer Discretionary
9.81%
Health Care
8.41%
Communication Services
7.92%
Consumer Staples
4.54%
Real Estate
2.62%
Other
2.49%
Utilities
2.43%
Materials
1.98%
Energy
1.10%

FAQ's for SPDR S&P 1500 Momentum Tilt ETF (MMTM)

As of September 2026, SPDR S&P 1500 Momentum Tilt ETF MMTM 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 1500 Momentum Tilt ETF using these criteria to determine its compliance status.
The Shariah compliance status of SPDR S&P 1500 Momentum Tilt 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 1500 Momentum Tilt ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.