Is Communication Services Select Sector SPDR Fund halal to invest in?

As of September 2026, Communication Services Select Sector SPDR Fund XLC 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 Communication Services Select Sector SPDR Fund 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 Communication Services Select Sector SPDR Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for Communication Services Select Sector SPDR Fund updated?

The Shariah compliance status of Communication Services Select Sector SPDR Fund may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Where can I check the Shariah status of Communication Services Select Sector SPDR Fund?

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

Communication Services Select Sector SPDR Fund XLC

XLC Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Communication Services Select Sector SPDR Fund is classified as not halal.

NOT HALAL

Is Communication Services Select Sector SPDR Fund ETF Halal?

Shariah Compliance Analysis of XLC ETF

US Equity Communication Services

No. As of September 2026, Communication Services Select Sector SPDR Fund (XLC) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Communication Services Select Sector SPDR Fund does not pass Musaffa's business and financial screening criteria.

XLC was created on 2018-06-18 by SPDR. The fund's investment portfolio concentrates primarily on communication services equity. The ETF currently has 26979.57m in AUM and 25 holdings. XLC tracks a market-cap-weighted index of US telecommunication and media & entertainment components of the S&P 500 index.

Communication Services Select Sector SPDR Fund (XLC) Chart

Key Statistics of Communication Services Select Sector SPDR Fund (XLC)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Communication Services
89.62%
Other
10.38%

FAQ's for Communication Services Select Sector SPDR Fund (XLC)

As of September 2026, Communication Services Select Sector SPDR Fund XLC 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 Communication Services Select Sector SPDR Fund using these criteria to determine its compliance status.
The Shariah compliance status of Communication Services Select Sector SPDR Fund 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 Communication Services Select Sector SPDR Fund on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.