Yes. As of September 2026, SP Funds S&P Global Technology ETF (SPTE) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SP Funds S&P Global Technology ETF passes Musaffa's business and financial screening criteria.
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.
SP Funds S&P Global Technology ETF (SPTE) Chart
Key Statistics of SP Funds S&P Global Technology ETF (SPTE)
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FAQ's for SP Funds S&P Global Technology ETF (SPTE)
As of September 2026, SP Funds S&P Global Technology ETF SPTE is classified as 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 SP Funds S&P Global Technology ETF using these criteria to determine its compliance status.
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.
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 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.