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

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

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

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

You can check the latest Shariah compliance status of SPDR Portfolio S&P 500 Growth 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 Growth ETF SPYG

SPYG Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is SPDR Portfolio S&P 500 Growth ETF Halal?

Shariah Compliance Analysis of SPYG ETF

US Equity Large Cap

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

SPYG was created on 2000-09-25 by SPDR. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 45856.83m in AUM and 140 holdings. SPYG tracks an index of primarily large-cap growth stocks. The index selects companies from the S&P 500 Index based on three growth factors.

SPDR Portfolio S&P 500 Growth ETF (SPYG) Chart

Key Statistics of SPDR Portfolio S&P 500 Growth ETF (SPYG)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
50.38%
Consumer Discretionary
13.40%
Communication Services
9.31%
Health Care
6.80%
Industrials
6.07%
Financials
5.21%
Other
2.86%
Consumer Staples
2.51%
Energy
1.31%
Materials
1.18%
Real Estate
0.68%
Utilities
0.29%

FAQ's for SPDR Portfolio S&P 500 Growth ETF (SPYG)

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