Is Xtrackers S&P SmallCap 600 ESG ETF halal to invest in?

As of September 2026, Xtrackers S&P SmallCap 600 ESG ETF SMLE 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 Xtrackers S&P SmallCap 600 ESG 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 Xtrackers S&P SmallCap 600 ESG ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Xtrackers S&P SmallCap 600 ESG ETF updated?

The Shariah compliance status of Xtrackers S&P SmallCap 600 ESG 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 Xtrackers S&P SmallCap 600 ESG 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 Xtrackers S&P SmallCap 600 ESG ETF?

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

Xtrackers S&P SmallCap 600 ESG ETF SMLE

SMLE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Xtrackers S&P SmallCap 600 ESG ETF is classified as not halal.

NOT HALAL

Is Xtrackers S&P SmallCap 600 ESG ETF Halal?

Shariah Compliance Analysis of SMLE ETF

US Equity Small Cap

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

SMLE was created on 2021-02-24 by Xtrackers. The fund's investment portfolio concentrates primarily on small cap equity. The ETF currently has 1.35m in AUM and 407 holdings. SMLE tracks a market-cap-weighted index of US small-cap stocks screened for various environmental, social, and governance factors.

Xtrackers S&P SmallCap 600 ESG ETF (SMLE) Chart

Key Statistics of Xtrackers S&P SmallCap 600 ESG ETF (SMLE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
18.34%
Financials
18.00%
Consumer Discretionary
14.96%
Information Technology
12.97%
Health Care
9.51%
Real Estate
7.91%
Materials
5.53%
Energy
4.34%
Consumer Staples
4.20%
Utilities
1.72%
Communication Services
1.69%
Other
0.83%

FAQ's for Xtrackers S&P SmallCap 600 ESG ETF (SMLE)

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