Does State Street SPDR Dow Jones Industrial Average ETF Trust pass AAOIFI screening?

State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (DIA: 0.0%), (3) interest-bearing deposits below 30% (DIA: 0.0%), and (4) prohibited income below 5% (DIA: 11.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for State Street SPDR Dow Jones Industrial Average ETF Trust stock?

State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) has a non-permissible income ratio of 10.96%. Muslim investors should purify this percentage of any dividends received and capital gains realized from DIA shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen State Street SPDR Dow Jones Industrial Average ETF Trust for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about DIA's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

DIA: Is State Street SPDR Dow Jones Industrial Average ETF Trust Halal?

State Street SPDR Dow Jones Industrial Average ETF Trust

AMEXETFUS

$520.81

+0.14%

Market Cap: 43.8B

Compliance Status

Not Halal

Screened on Jul 16, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) halal? Not Halal. Based on AAOIFI screening, State Street SPDR Dow Jones Industrial Average ETF Trust has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Basket rule

Over the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

30.8% of 5.0% limit

100% of the basket's holdings were screened individually.

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 16, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Basket-weighted haram holdings exceed 5% (30.8%)

Basket Composition

100% of basket screened

ETFs 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.

64%

31%

Halal64%

Doubtful6%

Not Halal31%

Unknown0%

Top Holdings

GSGoldman Sachs Group Inc/TheNot Halal11.45%CATCaterpillar IncHalal11.03%MSFTMicrosoft CorpHalal5.05%UNHUnitedHealth Group IncHalal4.59%AMGNAmgen IncDoubtful4.29%VVisa IncHalal4.09%HDHome Depot Inc/TheHalal4.08%AXPAmerican Express CoNot Halal4.00%SHWSherwin-Williams Co/TheHalal3.99%JPMJPMorgan Chase & CoNot Halal3.88%

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: N/AData source: FMP-LOOKTHROUGH

Halal Alternatives in ETF

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

IAUA+

iShares Gold Trust

$90.24

-0.96%

SMHA

VanEck Semiconductor ETF

$556.53

-0.46%

XLKA

State Street Technology Select Sector SPDR ETF

$175.59

-0.56%

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State Street SPDR S&P 500 ETF Trust

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IVV

iShares Core S&P 500 ETF

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VTI

Vanguard Total Stock Market ETF

IWM

iShares Russell 2000 ETF

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Frequently Asked Questions

Is State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) halal to invest in?

State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did State Street SPDR Dow Jones Industrial Average ETF Trust get a F compliance rating?

State Street SPDR Dow Jones Industrial Average ETF Trust's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.

What could change State Street SPDR Dow Jones Industrial Average ETF Trust's Shariah verdict?

State Street SPDR Dow Jones Industrial Average ETF Trust's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.

How often is State Street SPDR Dow Jones Industrial Average ETF Trust re-screened for Shariah compliance?

State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 16, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

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.