Is ProShares S&P 500 Ex-Technology ETF halal to invest in?

As of September 2026, ProShares S&P 500 Ex-Technology ETF SPXT 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 ProShares S&P 500 Ex-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 ProShares S&P 500 Ex-Technology ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for ProShares S&P 500 Ex-Technology ETF updated?

The Shariah compliance status of ProShares S&P 500 Ex-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 ProShares S&P 500 Ex-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 ProShares S&P 500 Ex-Technology ETF?

You can check the latest Shariah compliance status of ProShares S&P 500 Ex-Technology ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

ProShares S&P 500 Ex-Technology ETF SPXT

SPXT Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ProShares S&P 500 Ex-Technology ETF is classified as not halal.

NOT HALAL

Is ProShares S&P 500 Ex-Technology ETF Halal?

Shariah Compliance Analysis of SPXT ETF

US Equity Large Cap

No. As of September 2026, ProShares S&P 500 Ex-Technology ETF (SPXT) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ProShares S&P 500 Ex-Technology ETF does not pass Musaffa's business and financial screening criteria.

SPXT was created on 2015-09-22 by ProShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 240.19m in AUM and 434 holdings. SPXT tracks a market-cap-weighted index of US large-cap stocks, excluding firms in the technology sector.

ProShares S&P 500 Ex-Technology ETF (SPXT) Chart

Key Statistics of ProShares S&P 500 Ex-Technology ETF (SPXT)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
16.71%
Financials
16.08%
Consumer Discretionary
14.62%
Industrials
12.42%
Communication Services
10.69%
Consumer Staples
8.47%
Other
5.60%
Energy
5.14%
Utilities
3.72%
Real Estate
3.33%
Materials
3.22%

FAQ's for ProShares S&P 500 Ex-Technology ETF (SPXT)

As of September 2026, ProShares S&P 500 Ex-Technology ETF SPXT 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 ProShares S&P 500 Ex-Technology ETF using these criteria to determine its compliance status.
The Shariah compliance status of ProShares S&P 500 Ex-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 ProShares S&P 500 Ex-Technology ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.