What is Sprott Physical Gold Trust's Shariah compliance score?

Sprott Physical Gold Trust (PHYS) has a Shariah compliance score of 100/100 (Grade: A+, Excellent) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Sprott Physical Gold Trust pass AAOIFI screening?

Sprott Physical Gold Trust (PHYS) passes 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% (PHYS: 0.0%), (3) interest-bearing deposits below 30% (PHYS: 0.0%), and (4) prohibited income below 5% (PHYS: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Sprott Physical Gold Trust stock?

Sprott Physical Gold Trust (PHYS) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from PHYS 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 Sprott Physical Gold Trust for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Sprott Physical Gold Trust (PHYS) 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 PHYS's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

PHYS: Is Sprott Physical Gold Trust Halal?

Sprott Physical Gold Trust

AMEXFinancial ServicesCA

$31.75

+0.19%

Market Cap: 15.1B

Compliance Status

Halal

Screened on Jul 15, 2026 · AAOIFI Standard 21

A+

Excellent

100Score

Is Sprott Physical Gold Trust (PHYS) halal? Halal. Based on AAOIFI screening, Sprott Physical Gold Trust passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 100/100 (Grade: A+).

Basket rule

Well clear of the limit

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

0.0% of 5.0% limit

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

About Sprott Physical Gold Trust

The Sprott Physical Gold Trust is an exchange-traded commodity (ETC) overseen and managed by Sprott Asset Management, LP. This fund's core strategy involves acquiring and holding physical gold bullion, specifically in the form of London Good Delivery bars. Established on August 28, 2009, this investment vehicle is legally domiciled in Canada.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 15, 2026

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.

100%

Halal100%

Doubtful0%

Not Halal0%

Unknown0%

Compliance History

Halalnow
since Jun 2026
Under Review
until the change above

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

Fiscal: N/AData source: FMP-LOOKTHROUGH

Purify Your PHYS Dividends

Calculate your purification amount for PHYS dividends based on AAOIFI standards.

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Frequently Asked Questions

Is Sprott Physical Gold Trust (PHYS) halal to invest in?

Based on AAOIFI Standard 21 screening, Sprott Physical Gold Trust (PHYS) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Sprott Physical Gold Trust get a A+ compliance rating?

Sprott Physical Gold 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 Sprott Physical Gold Trust's Shariah verdict?

Sprott Physical Gold 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 Sprott Physical Gold Trust re-screened for Shariah compliance?

Sprott Physical Gold Trust (PHYS) 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 15, 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.