Is AAM S&P 500 High Dividend Value ETF halal to invest in?

As of September 2026, AAM S&P 500 High Dividend Value ETF SPDV 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 AAM S&P 500 High Dividend Value 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 AAM S&P 500 High Dividend Value ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for AAM S&P 500 High Dividend Value ETF updated?

The Shariah compliance status of AAM S&P 500 High Dividend Value 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 AAM S&P 500 High Dividend Value 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 AAM S&P 500 High Dividend Value ETF?

You can check the latest Shariah compliance status of AAM S&P 500 High Dividend Value ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

AAM S&P 500 High Dividend Value ETF SPDV

SPDV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, AAM S&P 500 High Dividend Value ETF is classified as not halal.

NOT HALAL

Is AAM S&P 500 High Dividend Value ETF Halal?

Shariah Compliance Analysis of SPDV ETF

US Equity Large Cap

No. As of September 2026, AAM S&P 500 High Dividend Value ETF (SPDV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. AAM S&P 500 High Dividend Value ETF does not pass Musaffa's business and financial screening criteria.

SPDV was created on 2017-11-28 by AAM. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 77.54m in AUM and 54 holdings. SPDV tracks an index of US large-caps selected for high dividend and free-cash-flow yields. Securities are equally-weighted.

AAM S&P 500 High Dividend Value ETF (SPDV) Chart

Key Statistics of AAM S&P 500 High Dividend Value ETF (SPDV)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
9.91%
Health Care
9.44%
Communication Services
9.40%
Materials
9.25%
Real Estate
9.22%
Utilities
9.19%
Information Technology
8.78%
Consumer Discretionary
8.76%
Energy
8.66%
Consumer Staples
8.55%
Financials
8.50%
Other
0.34%

FAQ's for AAM S&P 500 High Dividend Value ETF (SPDV)

As of September 2026, AAM S&P 500 High Dividend Value ETF SPDV 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 AAM S&P 500 High Dividend Value ETF using these criteria to determine its compliance status.
The Shariah compliance status of AAM S&P 500 High Dividend Value 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 AAM S&P 500 High Dividend Value ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.