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SPDR S&P Oil & Gas Equipment & Services ETF XES

Is SPDR S&P Oil & Gas Equipment & Services ETF Halal?

Shariah Compliance Analysis of XES ETF

No. As of October 2026, SPDR S&P Oil & Gas Equipment & Services ETF (XES) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

XES was created on 2006-06-19 by SPDR. The fund's investment portfolio concentrates primarily on energy equity. The ETF currently has 254.0m in AUM and 31 holdings. XES tracks an equal-weighted index of companies in the oil & gas equipment and services sub-industry of the S&P Total Market Index.

XES Shariah Compliance

As of October 2026, SPDR S&P Oil & Gas Equipment & Services ETF is classified as not halal.

NOT HALAL

SPDR S&P Oil & Gas Equipment & Services ETF (XES) Chart

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