Is Health Care Select Sector SPDR Fund halal to invest in?

As of September 2026, Health Care Select Sector SPDR Fund XLV 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 Health Care 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 Health Care Select Sector SPDR Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for Health Care Select Sector SPDR Fund updated?

The Shariah compliance status of Health Care 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 Health Care 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 Health Care Select Sector SPDR Fund?

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

Health Care Select Sector SPDR Fund XLV

XLV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Health Care Select Sector SPDR Fund is classified as not halal.

NOT HALAL

Is Health Care Select Sector SPDR Fund ETF Halal?

Shariah Compliance Analysis of XLV ETF

US Equity Health Care

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

XLV was created on 1998-12-16 by SPDR. The fund's investment portfolio concentrates primarily on health care equity. The ETF currently has 39798.65m in AUM and 62 holdings. XLV tracks health care stocks from within the S&P 500 Index, weighted by market cap.

Health Care Select Sector SPDR Fund (XLV) Chart

Key Statistics of Health Care Select Sector SPDR Fund (XLV)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
99.95%

FAQ's for Health Care Select Sector SPDR Fund (XLV)

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