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

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

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

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

You can check the latest Shariah compliance status of SPDR MFS Systematic Growth 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 Growth Equity ETF SYG

SYG Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is SPDR MFS Systematic Growth Equity ETF Halal?

Shariah Compliance Analysis of SYG ETF

US Equity Large Cap

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

SYG was created on 2014-01-08 by SPDR. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 15.46m in AUM and 51 holdings. SYG holds large-cap US stocks that the manager believes have high growth potential, based on fundamental and quantitative analysis.

SPDR MFS Systematic Growth Equity ETF (SYG) Chart

Key Statistics of SPDR MFS Systematic Growth Equity ETF (SYG)

Today's Open

AUM

Avg. Volume

Expense Ratio

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FAQ's for SPDR MFS Systematic Growth Equity ETF (SYG)

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