Is SPDR S&P 600 Small Cap Growth ETF halal to invest in?

As of September 2026, SPDR S&P 600 Small Cap Growth ETF SLYG 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 600 Small Cap Growth 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 600 Small Cap Growth ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SPDR S&P 600 Small Cap Growth ETF updated?

The Shariah compliance status of SPDR S&P 600 Small Cap Growth 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 600 Small Cap Growth 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 600 Small Cap Growth ETF?

You can check the latest Shariah compliance status of SPDR S&P 600 Small Cap Growth ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

SPDR S&P 600 Small Cap Growth ETF SLYG

SLYG Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SPDR S&P 600 Small Cap Growth ETF is classified as not halal.

NOT HALAL

Is SPDR S&P 600 Small Cap Growth ETF Halal?

Shariah Compliance Analysis of SLYG ETF

US Equity Small Cap

No. As of September 2026, SPDR S&P 600 Small Cap Growth ETF (SLYG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SPDR S&P 600 Small Cap Growth ETF does not pass Musaffa's business and financial screening criteria.

SLYG was created on 2000-09-25 by SPDR. The fund's investment portfolio concentrates primarily on small cap equity. The ETF currently has 3700.46m in AUM and 335 holdings. SLYG tracks a market-cap-weighted index of US small-cap securities exhibiting growth characteristics.

SPDR S&P 600 Small Cap Growth ETF (SLYG) Chart

Key Statistics of SPDR S&P 600 Small Cap Growth ETF (SLYG)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
18.98%
Consumer Discretionary
15.91%
Information Technology
14.23%
Health Care
13.68%
Financials
10.96%
Energy
6.68%
Materials
6.64%
Real Estate
5.24%
Communication Services
3.21%
Consumer Staples
2.70%
Utilities
1.62%
Other
0.15%

FAQ's for SPDR S&P 600 Small Cap Growth ETF (SLYG)

As of September 2026, SPDR S&P 600 Small Cap Growth ETF SLYG 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 600 Small Cap Growth ETF using these criteria to determine its compliance status.
The Shariah compliance status of SPDR S&P 600 Small Cap Growth 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 600 Small Cap Growth ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.