Is SPDR MSCI USA StrategicFactors ETF halal to invest in?

As of September 2026, SPDR MSCI USA StrategicFactors ETF QUS 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 MSCI USA StrategicFactors 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 MSCI USA StrategicFactors ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SPDR MSCI USA StrategicFactors ETF updated?

The Shariah compliance status of SPDR MSCI USA StrategicFactors 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 MSCI USA StrategicFactors 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 MSCI USA StrategicFactors ETF?

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

SPDR MSCI USA StrategicFactors ETF QUS

QUS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SPDR MSCI USA StrategicFactors ETF is classified as not halal.

NOT HALAL

Is SPDR MSCI USA StrategicFactors ETF Halal?

Shariah Compliance Analysis of QUS ETF

US Equity Total Market

No. As of September 2026, SPDR MSCI USA StrategicFactors ETF (QUS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SPDR MSCI USA StrategicFactors ETF does not pass Musaffa's business and financial screening criteria.

QUS was created on 2015-04-15 by SPDR. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 1536.69m in AUM and 547 holdings. QUS tracks an index of US large- and mid-cap stocks comprising three equally weighted subindexes with value, quality and minimum volatility factor strategies.

SPDR MSCI USA StrategicFactors ETF (QUS) Chart

Key Statistics of SPDR MSCI USA StrategicFactors ETF (QUS)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
25.15%
Financials
16.05%
Health Care
14.90%
Industrials
10.08%
Consumer Staples
8.36%
Communication Services
7.32%
Consumer Discretionary
5.92%
Utilities
3.54%
Energy
3.38%
Other
2.70%
Materials
1.72%
Real Estate
0.88%

FAQ's for SPDR MSCI USA StrategicFactors ETF (QUS)

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