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

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

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

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

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

SPDR Portfolio S&P Sector Neutral Dividend ETF SPDG

SPDG Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is SPDR Portfolio S&P Sector Neutral Dividend ETF Halal?

Shariah Compliance Analysis of SPDG ETF

US Equity High Dividend Yield

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

SPDG was created on 2023-09-11 by SPDR. The fund's investment portfolio concentrates primarily on high dividend yield equity. The ETF currently has 11.52m in AUM and 281 holdings. SPDG follows an index that is weighted by market capitalization, comprising US companies from the S&P 1500 Composite Index that have maintained or raised their dividends for at least seven consecutive years.

SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) Chart

Key Statistics of SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
29.65%
Financials
14.20%
Health Care
11.07%
Consumer Discretionary
10.49%
Industrials
9.73%
Communication Services
8.05%
Consumer Staples
5.55%
Energy
3.54%
Real Estate
2.56%
Materials
2.42%
Utilities
2.37%
Other
0.37%

FAQ's for SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG)

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