Is SP Funds S&P Global Technology ETF halal to invest in?

According to Musaffa's Shariah screening methodology, SP Funds S&P Global Technology ETF (SPTE) is currently classified as HALAL as of January 2026. The classification is based on an evaluation of the ETF's underlying holdings and financial exposure to determine whether it meets Islamic investment guidelines.

Is SP Funds S&P Global Technology 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 SP Funds S&P Global Technology ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SP Funds S&P Global Technology ETF updated?

The Shariah compliance status of SP Funds S&P Global Technology 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 SP Funds S&P Global Technology 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 SP Funds S&P Global Technology ETF?

You can check the latest Shariah compliance status of SP Funds S&P Global Technology ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

SP Funds S&P Global Technology ETF SPTE

$44.78 $0.08 (0.18%) 1D

Last Updated: May 15, 12:00 AM·NYSE

SPTE Shariah Compliance

HALAL

SP Funds S&P Global Technology ETF. Analysis SPTE

US Equity Information Technology

SPTE was created on 2023-12-01 by SP Funds. The fund's investment portfolio concentrates primarily on information technology equity. The ETF currently has 84.86m in AUM and 96 holdings. SPTE is a passively managed fund, investing in global technology firms adhering to Shariah investment principles. Stocks selected for the portfolio are weighted based on market-cap.

Key Statistics of SP Funds S&P Global Technology ETF (SPTE)

Today's Range

$44.34$45.29

Today's Open

$44.86

AUM

$90.34M

Avg. Volume

15.87K

52 Week Range

$27.87$46.05

Expense Ratio

P/E Ratio

34.30

P/B Ratio

8.03

FAQ's for SP Funds S&P Global Technology ETF (SPTE)

According to Musaffa’s Shariah screening methodology, SP Funds S&P Global Technology ETF (SPTE) is currently classified as HALAL as of January 2026. The classification is based on an evaluation of the ETF’s underlying holdings and financial exposure to determine whether it meets Islamic investment guidelines.