As of September 2026, SPDR Portfolio Mortgage Backed Bond ETF is classified as not halal.
NOT HALAL
Is SPDR Portfolio Mortgage Backed Bond ETF Halal?
Shariah Compliance Analysis of SPMB ETF
US Fixed Income Investment Grade
No. As of September 2026, SPDR Portfolio Mortgage Backed Bond ETF (SPMB) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SPDR Portfolio Mortgage Backed Bond ETF does not pass Musaffa's business and financial screening criteria.
SPMB was created on 2009-01-15 by SPDR. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 6612.32m in AUM and 2624 holdings. SPMB tracks an index of US agency mortgage pass-through debt.
SPDR Portfolio Mortgage Backed Bond ETF (SPMB) Chart
Key Statistics of SPDR Portfolio Mortgage Backed Bond ETF (SPMB)
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FAQ's for SPDR Portfolio Mortgage Backed Bond ETF (SPMB)
As of September 2026, SPDR Portfolio Mortgage Backed Bond ETF SPMB 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 Mortgage Backed Bond ETF using these criteria to determine its compliance status.
The Shariah compliance status of SPDR Portfolio Mortgage Backed 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 Mortgage Backed Bond ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.