Is SPDR Portfolio S&P 500 High Dividend ETF halal to invest in?

As of September 2026, SPDR Portfolio S&P 500 High Dividend ETF SPYD 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 Portfolio S&P 500 High Dividend 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 SPDR Portfolio S&P 500 High Dividend ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SPDR Portfolio S&P 500 High Dividend ETF updated?

The Shariah compliance status of SPDR Portfolio S&P 500 High Dividend 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 SPDR Portfolio S&P 500 High Dividend 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 SPDR Portfolio S&P 500 High Dividend ETF?

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

SPDR Portfolio S&P 500 High Dividend ETF SPYD

SPYD Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SPDR Portfolio S&P 500 High Dividend ETF is classified as not halal.

NOT HALAL

Is SPDR Portfolio S&P 500 High Dividend ETF Halal?

Shariah Compliance Analysis of SPYD ETF

US Equity High Dividend Yield

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

SPYD was created on 2015-10-21 by SPDR. The fund's investment portfolio concentrates primarily on high dividend yield equity. The ETF currently has 7220.7m in AUM and 79 holdings. SPYD tracks an index of the 80 highest-yielding stocks selected from the S&P 500. Stocks are equally-weighted.

SPDR Portfolio S&P 500 High Dividend ETF (SPYD) Chart

Key Statistics of SPDR Portfolio S&P 500 High Dividend ETF (SPYD)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Real Estate
23.30%
Financials
18.12%
Utilities
17.36%
Consumer Staples
10.84%
Health Care
7.12%
Energy
5.72%
Materials
5.61%
Communication Services
3.60%
Consumer Discretionary
3.33%
Industrials
2.32%
Other
1.41%
Information Technology
1.27%

FAQ's for SPDR Portfolio S&P 500 High Dividend ETF (SPYD)

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