Yes. As of September 2026, SP Funds S&P World (ex-US) ETF (SPWO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SP Funds S&P World (ex-US) ETF passes Musaffa's business and financial screening criteria.
SPWO was created on 2023-12-20 by SP Funds. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 95.2m in AUM and 388 holdings. SPWO tracks an index of 500 Sharia-compliant companies from developed and emerging markets outside the US. Holdings are modified market cap-weighted.
SP Funds S&P World (ex-US) ETF (SPWO) Chart
Key Statistics of SP Funds S&P World (ex-US) ETF (SPWO)
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FAQ's for SP Funds S&P World (ex-US) ETF (SPWO)
As of September 2026, SP Funds S&P World (ex-US) ETF SPWO 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 World (ex-US) ETF using these criteria to determine its compliance status.
The Shariah compliance status of SP Funds S&P World (ex-US) 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 World (ex-US) ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
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