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

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

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

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

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

SPDR S&P Dividend ETF SDY

SDY Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is SPDR S&P Dividend ETF Halal?

Shariah Compliance Analysis of SDY ETF

US Equity High Dividend Yield

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

SDY was created on 2005-11-08 by SPDR. The fund's investment portfolio concentrates primarily on high dividend yield equity. The ETF currently has 19944.81m in AUM and 151 holdings. SDY tracks a yield-weighted index of dividend-paying companies from the S&P 1500 Composite Index that have increased dividends for at least 20 consecutive years.

SPDR S&P Dividend ETF (SDY) Chart

Key Statistics of SPDR S&P Dividend ETF (SDY)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
20.39%
Consumer Staples
17.61%
Utilities
16.37%
Financials
11.12%
Materials
8.87%
Health Care
7.07%
Information Technology
5.73%
Consumer Discretionary
5.11%
Real Estate
4.12%
Energy
3.35%
Other
0.26%

FAQ's for SPDR S&P Dividend ETF (SDY)

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