Is State Street Consumer Staples Select Sector SPDR ETF (XLP) halal? Not Halal. Based on AAOIFI screening, State Street Consumer Staples Select Sector SPDR ETF passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 50/100 (Grade: C+).
XLP — Is State Street Consumer Staples Select Sector SPDR ETF Halal?
UnknownState Street Consumer Staples Select Sector SPDR ETF
$82.04
-0.24%
About State Street Consumer Staples Select Sector SPDR ETF
The State Street Consumer Staples Select Sector SPDR ETF seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Consumer Staples Select Sector Index (the "Index")The Index seeks to provide an effective representation of the consumer staples sector of the S&P 500 IndexSeeks to provide precise exposure to companies from consumer staples distribution & retail; household products; food products; beverages; tobacco; and personal care products industries in the U.S.Allows investors to take strategic or tactical positions at a more targeted level than traditional style based investing
Sector: Financial Services · Industry: Asset Management
Shariah Compliance Status
Based on AAOIFI screening standards
Fair
Some financial ratios approaching limits
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Basket Composition
0% 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
Under Reviewnow
since Jun 2026
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Financial Overview
Market Cap
14.6B
Price
$82.04
Sector
Financial Services
Industry
Asset Management
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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.