Is SPDR FactSet Innovative Technology ETF halal to invest in?

As of September 2026, SPDR FactSet Innovative Technology ETF XITK 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 FactSet Innovative Technology 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 FactSet Innovative Technology ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SPDR FactSet Innovative Technology ETF updated?

The Shariah compliance status of SPDR FactSet Innovative Technology 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 FactSet Innovative Technology 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 FactSet Innovative Technology ETF?

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

SPDR FactSet Innovative Technology ETF XITK

XITK Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SPDR FactSet Innovative Technology ETF is classified as not halal.

NOT HALAL

Is SPDR FactSet Innovative Technology ETF Halal?

Shariah Compliance Analysis of XITK ETF

US Equity Information Technology

No. As of September 2026, SPDR FactSet Innovative Technology ETF (XITK) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SPDR FactSet Innovative Technology ETF does not pass Musaffa's business and financial screening criteria.

XITK was created on 2016-01-13 by SPDR. The fund's investment portfolio concentrates primarily on information technology equity. The ETF currently has 77.8m in AUM and 101 holdings. XITK tracks an index composed of US-listed technology and electronic media companies deemed innovative or disruptive by FactSet.

SPDR FactSet Innovative Technology ETF (XITK) Chart

Key Statistics of SPDR FactSet Innovative Technology ETF (XITK)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
71.27%
Communication Services
13.29%
Industrials
5.45%
Financials
4.55%
Health Care
2.57%
Other
1.27%
Consumer Discretionary
1.16%
Real Estate
0.44%

FAQ's for SPDR FactSet Innovative Technology ETF (XITK)

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