Is Consumer Staples Select Sector SPDR Fund halal to invest in?

As of September 2026, Consumer Staples Select Sector SPDR Fund XLP 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 Consumer Staples 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 Consumer Staples Select Sector SPDR Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for Consumer Staples Select Sector SPDR Fund updated?

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

Can a halal ETF like Consumer Staples Select Sector SPDR Fund 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 Consumer Staples Select Sector SPDR Fund?

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

Consumer Staples Select Sector SPDR Fund XLP

XLP Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Consumer Staples Select Sector SPDR Fund is classified as not halal.

NOT HALAL

Is Consumer Staples Select Sector SPDR Fund ETF Halal?

Shariah Compliance Analysis of XLP ETF

US Equity Consumer Staples

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

XLP was created on 1998-12-16 by SPDR. The fund's investment portfolio concentrates primarily on consumer staples equity. The ETF currently has 14636.78m in AUM and 38 holdings. XLP tracks a market-cap-weighted index of consumer-staples stocks drawn from the S&P 500.

Consumer Staples Select Sector SPDR Fund (XLP) Chart

Key Statistics of Consumer Staples Select Sector SPDR Fund (XLP)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Staples
99.85%
Other
0.15%

FAQ's for Consumer Staples Select Sector SPDR Fund (XLP)

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