Halal ETFs — Shariah-Compliant ETF Screener
ETFs screened using AAOIFI standards (60 total)
Screen exchange-traded funds (ETFs) for Shariah compliance. Each ETF is evaluated based on its underlying holdings — examining business activities, debt ratios, and prohibited income across all constituent stocks to determine overall compliance.
Popular Shariah-Compliant ETFs
SPUS
SP Funds S&P 500 Sharia Industry Exclusions ETF
Tracks S&P 500 excluding non-compliant industries
HLAL
Wahed FTSE USA Shariah ETF
Large-cap US equities screened for Shariah compliance
AMAGX
Amana Growth Fund
Growth-oriented Shariah-compliant equity fund
SPRE
SP Funds S&P Global REIT Sharia ETF
Shariah-compliant global real estate investment trusts
UMMA
Wahed Dow Jones Islamic World ETF
Global equities screened per Dow Jones Islamic Market Index
SPSK
SP Funds Dow Jones Global Sukuk ETF
Fixed-income alternative through global sukuk bonds
Recently Screened ETFs
What Makes an ETF Halal?
Unlike individual stocks, ETFs hold baskets of securities. For an ETF to be Shariah-compliant, its underlying holdings must collectively meet Islamic finance criteria:
Holdings Screening
Each stock in the ETF is screened for prohibited business activities (alcohol, gambling, conventional banking, pork, tobacco).
Financial Ratios
Weighted debt-to-market-cap, deposits, and prohibited income ratios across holdings must stay below AAOIFI thresholds (30%, 30%, 5%).
Purification
Even compliant ETFs may require dividend purification to cleanse earnings from the small percentage of impermissible income in holdings.
Frequently Asked Questions
What is a halal ETF?
A halal ETF is an exchange-traded fund that only invests in Shariah-compliant securities. The fund provider screens all underlying holdings to ensure they meet Islamic finance criteria, including both business activity restrictions and financial ratio thresholds set by organizations like AAOIFI.
How do I find Shariah-compliant ETFs?
Use HalalScreener's free screener to check any ETF. Search for the ETF ticker symbol, and our AAOIFI-based screening engine analyzes all underlying holdings for compliance. You can also browse our curated list of popular Shariah-compliant ETFs above.
Do halal ETFs require purification?
Yes, most scholars agree that even Shariah-compliant ETFs require purification (tazkiyah). Since some holdings may earn a small amount of impermissible income (below the 5% threshold), investors should calculate and donate the purification amount. Use our Purification Calculator to determine the exact amount.