Is SPDR Portfolio MSCI Global Stock Market ETF halal to invest in?

As of September 2026, SPDR Portfolio MSCI Global Stock Market ETF SPGM 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 MSCI Global Stock Market 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 MSCI Global Stock Market ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SPDR Portfolio MSCI Global Stock Market ETF updated?

The Shariah compliance status of SPDR Portfolio MSCI Global Stock Market 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 MSCI Global Stock Market 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 MSCI Global Stock Market ETF?

You can check the latest Shariah compliance status of SPDR Portfolio MSCI Global Stock Market ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

SPDR Portfolio MSCI Global Stock Market ETF SPGM

SPGM Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SPDR Portfolio MSCI Global Stock Market ETF is classified as not halal.

NOT HALAL

Is SPDR Portfolio MSCI Global Stock Market ETF Halal?

Shariah Compliance Analysis of SPGM ETF

US Equity Total Market

No. As of September 2026, SPDR Portfolio MSCI Global Stock Market ETF (SPGM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SPDR Portfolio MSCI Global Stock Market ETF does not pass Musaffa's business and financial screening criteria.

SPGM was created on 2012-02-27 by SPDR. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 1343.67m in AUM and 2916 holdings. SPGM tracks a market-cap-weighted index of global stocks covering 99% of the developed and emerging markets capitalization.

SPDR Portfolio MSCI Global Stock Market ETF (SPGM) Chart

Key Statistics of SPDR Portfolio MSCI Global Stock Market ETF (SPGM)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
20.89%
Financials
14.96%
Health Care
11.59%
Industrials
11.44%
Consumer Discretionary
10.17%
Other
6.62%
Consumer Staples
6.26%
Communication Services
5.87%
Energy
3.83%
Materials
3.69%
Real Estate
2.37%
Utilities
2.31%

FAQ's for SPDR Portfolio MSCI Global Stock Market ETF (SPGM)

As of September 2026, SPDR Portfolio MSCI Global Stock Market ETF SPGM 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 MSCI Global Stock Market ETF using these criteria to determine its compliance status.
The Shariah compliance status of SPDR Portfolio MSCI Global Stock Market 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 MSCI Global Stock Market ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.