Is State Street SPDR S&P 500 ETF Trust (SPY) halal? Not Halal. Based on AAOIFI screening, State Street SPDR S&P 500 ETF Trust has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).
SPY — Is State Street SPDR S&P 500 ETF Trust Halal?
Not HalalState Street SPDR S&P 500 ETF Trust
$757.09
-0.26%
Read Full Analysis
Is SPY ETF Halal? S&P 500 ETF Shariah Compliance Analysis
Shariah Compliance Status
Based on AAOIFI screening standards
Non-Compliant
Fails Shariah screening
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Basket-weighted haram holdings exceed 5% (18.7%)
Basket Composition
98% of basket screenedETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.
Compliance History
Not Halal — unchanged since Jun 2026.
No status changes recorded since we began tracking.
Tracked since Jun 2026. Updates automatically on each re-screen.
Financial Overview
Market Cap
783.3B
Price
$757.09
Sector
ETF
Industry
Exchange Traded Fund
Halal Alternatives in ETF
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
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Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.