Is Sprott Silver Miners & Physical Silver ETF halal to invest in?

As of September 2026, Sprott Silver Miners & Physical Silver ETF SLVR 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 Sprott Silver Miners & Physical Silver 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 Sprott Silver Miners & Physical Silver ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Sprott Silver Miners & Physical Silver ETF updated?

The Shariah compliance status of Sprott Silver Miners & Physical Silver 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 Sprott Silver Miners & Physical Silver 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 Sprott Silver Miners & Physical Silver ETF?

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

Sprott Silver Miners & Physical Silver ETF SLVR

SLVR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Sprott Silver Miners & Physical Silver ETF is classified as not halal.

NOT HALAL

Is Sprott Silver Miners & Physical Silver ETF Halal?

Shariah Compliance Analysis of SLVR ETF

US Equity Materials

No. As of September 2026, Sprott Silver Miners & Physical Silver ETF (SLVR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Sprott Silver Miners & Physical Silver ETF does not pass Musaffa's business and financial screening criteria.

SLVR was created on 2025-01-14 by Sprott. The fund's investment portfolio concentrates primarily on materials equity. SLVR tracks an index of 30-50 companies involved in silver mining providing exposure to the silver market through investments in securities related to silver activities. The fund also holds, to a lesser extent, silver trusts providing exposure to physical silver.

Sprott Silver Miners & Physical Silver ETF (SLVR) Chart

Key Statistics of Sprott Silver Miners & Physical Silver ETF (SLVR)

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FAQ's for Sprott Silver Miners & Physical Silver ETF (SLVR)

As of September 2026, Sprott Silver Miners & Physical Silver ETF SLVR 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 Sprott Silver Miners & Physical Silver ETF using these criteria to determine its compliance status.
The Shariah compliance status of Sprott Silver Miners & Physical Silver 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 Sprott Silver Miners & Physical Silver ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.