Is State Street SPDR S&P 400 US Mid Cap UCITS ETF halal to invest in?

As of September 2026, State Street SPDR S&P 400 US Mid Cap UCITS ETF SPY4.L 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 State Street SPDR S&P 400 US Mid Cap UCITS 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 State Street SPDR S&P 400 US Mid Cap UCITS ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for State Street SPDR S&P 400 US Mid Cap UCITS ETF updated?

The Shariah compliance status of State Street SPDR S&P 400 US Mid Cap UCITS 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 State Street SPDR S&P 400 US Mid Cap UCITS 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 State Street SPDR S&P 400 US Mid Cap UCITS ETF?

You can check the latest Shariah compliance status of State Street SPDR S&P 400 US Mid Cap UCITS ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

State Street SPDR S&P 400 US Mid Cap UCITS ETF SPY4.L

SPY4.L Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, State Street SPDR S&P 400 US Mid Cap UCITS ETF is classified as not halal.

NOT HALAL

Is State Street SPDR S&P 400 US Mid Cap UCITS ETF Halal?

Shariah Compliance Analysis of SPY4.L ETF

GB Equity Mid Cap

No. As of September 2026, State Street SPDR S&P 400 US Mid Cap UCITS ETF (SPY4.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. State Street SPDR S&P 400 US Mid Cap UCITS ETF does not pass Musaffa's business and financial screening criteria.

SPY4.L was created on 2012-01-30 by SPDR. The fund's investment portfolio concentrates primarily on mid cap equity. The objective of the Fund is to track the equity market performance of mid-sized U.S. companies. The Fund seeks to track the performance of the S&P MidCap 400 Index (the Index) as closely as possible. The Fund is an index tracking fund (also known as a passively managed fund).

State Street SPDR S&P 400 US Mid Cap UCITS ETF (SPY4.L) Chart

Key Statistics of State Street SPDR S&P 400 US Mid Cap UCITS ETF (SPY4.L)

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FAQ's for State Street SPDR S&P 400 US Mid Cap UCITS ETF (SPY4.L)

As of September 2026, State Street SPDR S&P 400 US Mid Cap UCITS ETF SPY4.L 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 State Street SPDR S&P 400 US Mid Cap UCITS ETF using these criteria to determine its compliance status.
The Shariah compliance status of State Street SPDR S&P 400 US Mid Cap UCITS 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 State Street SPDR S&P 400 US Mid Cap UCITS ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.