Is SPDR MFS Systematic Core Equity ETF halal to invest in?

As of September 2026, SPDR MFS Systematic Core Equity ETF SYE 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 MFS Systematic Core Equity 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 MFS Systematic Core Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SPDR MFS Systematic Core Equity ETF updated?

The Shariah compliance status of SPDR MFS Systematic Core Equity 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 MFS Systematic Core Equity 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 MFS Systematic Core Equity ETF?

You can check the latest Shariah compliance status of SPDR MFS Systematic Core Equity ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

SPDR MFS Systematic Core Equity ETF SYE

SYE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SPDR MFS Systematic Core Equity ETF is classified as not halal.

NOT HALAL

Is SPDR MFS Systematic Core Equity ETF Halal?

Shariah Compliance Analysis of SYE ETF

US Equity Large Cap

No. As of September 2026, SPDR MFS Systematic Core Equity ETF (SYE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SPDR MFS Systematic Core Equity ETF does not pass Musaffa's business and financial screening criteria.

SYE was created on 2014-01-08 by SPDR. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 17.27m in AUM and 51 holdings. SYE holds large-cap US stocks that are undervalued and/or have high growth potential, based on fundamental and quantitative analysis.

SPDR MFS Systematic Core Equity ETF (SYE) Chart

Key Statistics of SPDR MFS Systematic Core Equity ETF (SYE)

Today's Open

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Avg. Volume

Expense Ratio

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FAQ's for SPDR MFS Systematic Core Equity ETF (SYE)

As of September 2026, SPDR MFS Systematic Core Equity ETF SYE 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 MFS Systematic Core Equity ETF using these criteria to determine its compliance status.
The Shariah compliance status of SPDR MFS Systematic Core Equity 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 MFS Systematic Core Equity ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.