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State Street SPDR S&P 500 ETF SPY

Is State Street SPDR S&P 500 ETF Halal?

Shariah Compliance Analysis of SPY ETF

No. As of September 2026, State Street SPDR S&P 500 ETF (SPY) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SPY was created on 1993-01-22 by SPDR. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 817417.22m in AUM and 505 holdings. SPY tracks a market cap-weighted index of US large- and mid-cap stocks selected by the S&P Committee.

SPY Shariah Compliance

As of September 2026, State Street SPDR S&P 500 ETF is classified as not halal.

NOT HALAL

State Street SPDR S&P 500 ETF (SPY) Chart

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