What is SP Funds S&P Global REIT Sharia ETF's Shariah compliance score?

SP Funds S&P Global REIT Sharia ETF (SPRE) has a Shariah compliance score of 0/100 (Grade: F, Non-Compliant). A fund is screened by looking through its holdings: each holding is screened under AAOIFI Standard No. 21 and weighed, and the fund is halal when non-compliant holdings stay under 5% of the basket by weight.

Does SP Funds S&P Global REIT Sharia ETF pass AAOIFI look-through screening?

SP Funds S&P Global REIT Sharia ETF (SPRE) does not pass AAOIFI look-through screening. A fund is screened by looking through its holdings: each holding is screened under AAOIFI Standard No. 21 and weighed, and the fund is halal when non-compliant holdings stay under 5% of the basket by weight.

How much purification is needed for SP Funds S&P Global REIT Sharia ETF?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the percentage and amount for SP Funds S&P Global REIT Sharia ETF (SPRE) using the latest financial data.

Where can I screen SP Funds S&P Global REIT Sharia ETF for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for SP Funds S&P Global REIT Sharia ETF (SPRE) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening.

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SPRE: Is SP Funds S&P Global REIT Sharia ETF Halal?

SP Funds S&P Global REIT Sharia ETF

AMEXFinancial ServicesUS

$18.67

Market Cap: 184.7M

Compliance Status

Not Halal

Screened on Sep 30, 2026 · AAOIFI Standard 21 look-through

Non-Compliant

0Score

Is SP Funds S&P Global REIT Sharia ETF (SPRE) halal? Not Halal. Looking through its holdings under AAOIFI Standard 21, SP Funds S&P Global REIT Sharia ETF has 5% or more of its basket by weight in non-compliant holdings with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates SP Funds S&P Global REIT Sharia ETF (SPRE) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Sep 30, 2026. Source: https://halalscreener.app/en/stock/SPRE

Basket rule

Over the limit

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

10.2% of 5.0% limit

58% of the basket's holdings were screened individually.

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About SP Funds S&P Global REIT Sharia ETF

The SPRE is a Sharia-compliant ETF that invests in global real estate for income, capital gains, and inflation protection.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21 look-throughUpdated Sep 30, 2026

AI Compliance Insight

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Institutional-grade Shariah analysis

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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% (10.2%)

Basket Composition

58% 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.

35%

12%

10%

43%

Halal35%

Doubtful12%

Not Halal10%

Unknown43%

Top Holdings

Goodman GroupUnknown12.65%PLDPrologis IncDoubtful12.37%EQIXEquinix IncHalal12.11%WELLWelltower IncHalal11.69%Charter Hall GroupUnknown5.08%Mid-America Apartment CommunitUnknown4.88%SUISun Communities IncNot Halal4.87%EGPEastGroup Properties IncHalal4.85%TRNOTerreno Realty CorpHalal4.85%WYWeyerhaeuser CoNot Halal4.83%

PRO DETAIL

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.

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Screened according to AAOIFI Standard 21

Compliance History

Not Halalnow
since Jun 2026
Under Review
until the change above

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

Fiscal: N/AData source: FMP-LOOKTHROUGH

Halal Alternatives in Financial Services

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

GLDA+

SPDR Gold Shares

$380.14

SLVA+

iShares Silver Trust

$54.74

PSLVA+

Sprott Physical Silver Trust

$19.55

PHYSA+

Sprott Physical Gold Trust

$31.21

CEFA+

Sprott Physical Gold and Silver Trust

$41.48

More Financial Services Stocks

JPM

JPMorgan Chase & Co.

Visa Inc.

Mastercard Incorporated

PYPL

PayPal Holdings, Inc.

C+

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is SP Funds S&P Global REIT Sharia ETF (SPRE) halal to invest in?

SP Funds S&P Global REIT Sharia ETF (SPRE) is rated Not Halal by holdings look-through. Each holding is screened individually under AAOIFI Standard 21 and the result is weighed. A fund is halal when non-compliant holdings stay under 5% of the basket by weight.

Why did SP Funds S&P Global REIT Sharia ETF get a F compliance rating?

SP Funds S&P Global REIT Sharia ETF's grade of F (Non-Compliant) reflects the weighted result of its holdings, not one company's ratios: debt and deposit ratios do not describe a fund.

What could change SP Funds S&P Global REIT Sharia ETF's Shariah verdict?

SP Funds S&P Global REIT Sharia ETF'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 SP Funds S&P Global REIT Sharia ETF re-screened for Shariah compliance?

SP Funds S&P Global REIT Sharia ETF is re-screened as its published holdings change. Last screened: Sep 30, 2026.

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.