Is SPDR EURO STOXX Small Cap ETF halal to invest in?

As of September 2026, SPDR EURO STOXX Small Cap ETF SMEZ 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 EURO STOXX Small Cap 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 EURO STOXX Small Cap ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SPDR EURO STOXX Small Cap ETF updated?

The Shariah compliance status of SPDR EURO STOXX Small Cap 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 EURO STOXX Small Cap 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 EURO STOXX Small Cap ETF?

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

SPDR EURO STOXX Small Cap ETF SMEZ

SMEZ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SPDR EURO STOXX Small Cap ETF is classified as not halal.

NOT HALAL

Is SPDR EURO STOXX Small Cap ETF Halal?

Shariah Compliance Analysis of SMEZ ETF

US Equity Small Cap

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

SMEZ was created on 2014-06-04 by SPDR. The fund's investment portfolio concentrates primarily on small cap equity. The ETF currently has 12.98m in AUM and 93 holdings. SMEZ tracks an index of stocks from smaller European firms in eurozone countries, selected and weighted by market cap.

SPDR EURO STOXX Small Cap ETF (SMEZ) Chart

Key Statistics of SPDR EURO STOXX Small Cap ETF (SMEZ)

Today's Open

AUM

Avg. Volume

Expense Ratio

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FAQ's for SPDR EURO STOXX Small Cap ETF (SMEZ)

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