Is SPDR S&P 500 ETF Trust halal to invest in?

As of August 2026, SPDR S&P 500 ETF Trust SPY 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 SPDR S&P 500 ETF Trust 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 SPDR S&P 500 ETF Trust using these criteria to determine its compliance status.

How often is the Shariah compliance for SPDR S&P 500 ETF Trust updated?

The Shariah compliance status of SPDR S&P 500 ETF Trust may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like SPDR S&P 500 ETF Trust 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 SPDR S&P 500 ETF Trust?

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

SPDR S&P 500 ETF Trust SPY

SPY Shariah Compliance

Screening Methodology: AAOIFI

As of August 2026, SPDR S&P 500 ETF Trust is classified as not halal.

NOT HALAL

SPDR S&P 500 ETF Trust. Analysis SPY

US Equity Large Cap

SPY was created on 1993-01-22 by SPDR. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 709679.78m in AUM and 504 holdings. SPY tracks a market cap-weighted index of US large- and mid-cap stocks selected by the S&P Committee.

SPDR S&P 500 ETF Trust (SPY) Chart

Key Statistics of SPDR S&P 500 ETF Trust (SPY)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
32.09%
Financials
11.57%
Health Care
11.12%
Consumer Discretionary
9.97%
Industrials
8.41%
Communication Services
7.10%
Consumer Staples
5.76%
Other
3.66%
Energy
3.34%
Utilities
2.52%
Real Estate
2.30%
Materials
2.16%

FAQ's for SPDR S&P 500 ETF Trust (SPY)

As of August 2026, SPDR S&P 500 ETF Trust SPY 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 SPDR S&P 500 ETF Trust using these criteria to determine its compliance status.
The Shariah compliance status of SPDR S&P 500 ETF Trust 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 SPDR S&P 500 ETF Trust on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.