SCOP: Is Sprott Physical Copper Trust Halal?
Sprott Physical Copper Trust
$12.05
Market Cap: 193.2M
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About Sprott Physical Copper Trust
The Sprott Physical Copper Trust stands as the world's groundbreaking physical copper fund, providing investors with a reliable and accessible avenue for copper exposure. It primarily focuses on holding long-term physical copper assets, utilizing strategies like futures contracts and warehouse receipts to maximize returns and mitigate potential risks. Anticipated global economic resurgence, the shift towards clean energy, and ongoing technological progress are expected to significantly boost copper demand, potentially leading to a supply shortfall as early as this year. The Trust offers several key benefits, including daily net asset value (NAV) reporting, lower operating expenses, and comprehensive logistical support. Its physical copper holdings are securely stored in reputable, CME or LME-approved facilities, safeguarded by insurance against various hazards such as loss, theft, or damage. Committed to ethical operations, the Trust integrates Environmental, Social, and Governance (ESG) principles, adhering to LME Responsible Sourcing rules, OECD guidelines, and UN Global Compact standards. SAM US acts as an advisor for the Trust's futures and other financial instruments. The Trust maintains an unleveraged structure, with any short-term borrowing exclusively for trade settlement, further reinforced by daily NAV reporting for complete transparency.
Sector: Financial Services · Industry: Asset Management
Shariah Compliance Status
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why SCOP is rated Under Review with institutional-grade analysis
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.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
Compliance History
Under Review, unchanged since Sep 2026.
No status changes recorded since we began tracking.
Tracked since Sep 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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Screened by holdings look-through under 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. A fund is evaluated by screening its holdings under AAOIFI financial standards and weighing the result, using 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.