Is Siren Large Cap Blend Index ETF halal to invest in?

As of September 2026, Siren Large Cap Blend Index ETF SPQQ 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 Siren Large Cap Blend Index 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 Siren Large Cap Blend Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Siren Large Cap Blend Index ETF updated?

The Shariah compliance status of Siren Large Cap Blend Index 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 Siren Large Cap Blend Index 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 Siren Large Cap Blend Index ETF?

You can check the latest Shariah compliance status of Siren Large Cap Blend Index ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Siren Large Cap Blend Index ETF SPQQ

SPQQ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Siren Large Cap Blend Index ETF is classified as not halal.

NOT HALAL

Is Siren Large Cap Blend Index ETF Halal?

Shariah Compliance Analysis of SPQQ ETF

US Equity Large Cap

No. As of September 2026, Siren Large Cap Blend Index ETF (SPQQ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Siren Large Cap Blend Index ETF does not pass Musaffa's business and financial screening criteria.

SPQQ was created on 2020-07-01 by Siren. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 0.73m in AUM and 49 holdings. SPQQ tracks an equal-weighted index of global large cap equities selected by market cap.

Siren Large Cap Blend Index ETF (SPQQ) Chart

Key Statistics of Siren Large Cap Blend Index ETF (SPQQ)

Today's Open

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FAQ's for Siren Large Cap Blend Index ETF (SPQQ)

As of September 2026, Siren Large Cap Blend Index ETF SPQQ 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 Siren Large Cap Blend Index ETF using these criteria to determine its compliance status.
The Shariah compliance status of Siren Large Cap Blend Index 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 Siren Large Cap Blend Index ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.