Is SPDR Portfolio High Yield Bond ETF halal to invest in?

As of September 2026, SPDR Portfolio High Yield Bond ETF SPHY 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 High Yield Bond 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 High Yield Bond ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SPDR Portfolio High Yield Bond ETF updated?

The Shariah compliance status of SPDR Portfolio High Yield Bond 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 High Yield Bond 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 High Yield Bond ETF?

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

SPDR Portfolio High Yield Bond ETF SPHY

SPHY Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SPDR Portfolio High Yield Bond ETF is classified as not halal.

NOT HALAL

Is SPDR Portfolio High Yield Bond ETF Halal?

Shariah Compliance Analysis of SPHY ETF

US Fixed Income High Yield

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

SPHY was created on 2012-06-18 by SPDR. The fund's investment portfolio concentrates primarily on high yield fixed income. The ETF currently has 10370.73m in AUM and 1945 holdings. SPHY tracks an index that measures the performance of USD-denominated junk bonds.

SPDR Portfolio High Yield Bond ETF (SPHY) Chart

Key Statistics of SPDR Portfolio High Yield Bond ETF (SPHY)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Energy
0.00%

FAQ's for SPDR Portfolio High Yield Bond ETF (SPHY)

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