What is SP Funds Dow Jones Global Sukuk ETF's Shariah compliance score?

SP Funds Dow Jones Global Sukuk ETF (SPSK) has a Shariah compliance score of 99/100 (Grade: A+, Excellent). 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 Dow Jones Global Sukuk ETF pass AAOIFI look-through screening?

SP Funds Dow Jones Global Sukuk ETF (SPSK) passes 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 Dow Jones Global Sukuk 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 Dow Jones Global Sukuk ETF (SPSK) using the latest financial data.

Where can I screen SP Funds Dow Jones Global Sukuk ETF for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for SP Funds Dow Jones Global Sukuk ETF (SPSK) 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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SPSK: Is SP Funds Dow Jones Global Sukuk ETF Halal?

SP Funds Dow Jones Global Sukuk ETF

AMEXFinancial ServicesUS

$17.37

Market Cap: 623.1M

Compliance Status

Halal

Screened on Sep 29, 2026 · AAOIFI Standard 21 look-through

A+

Excellent

99Score

Is SP Funds Dow Jones Global Sukuk ETF (SPSK) halal? Halal. Looking through its holdings under AAOIFI Standard 21, SP Funds Dow Jones Global Sukuk ETF keeps non-compliant holdings under 5% of its basket by weight with a compliance score of 99/100 (Grade: A+).

Quote this verdict

HalalScreener rates SP Funds Dow Jones Global Sukuk ETF (SPSK) Halal, 99/100, grade A+ under AAOIFI Standard 21 look-through, screened Sep 29, 2026. Source: https://halalscreener.app/en/stock/SPSK

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

97% of the basket's holdings were screened individually.

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About SP Funds Dow Jones Global Sukuk ETF

SPSK is an ETF that tracks Sharia-compliant sukuk, offering diversified, interest-free exposure with decreased duration and interest rate risk. It aligns with AAOIFI Sharia-compliant guidelines, providing an ethical choice for investors avoiding interest-bearing instruments.

Sector: Financial Services · Industry: Asset Management - Bonds

Shariah Compliance Status

AAOIFI Standard 21 look-throughUpdated Sep 29, 2026

AI Compliance Insight

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Basket Composition

97% 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.

97%

Halal97%

Doubtful0%

Not Halal0%

Unknown3%

Top Holdings

KSA Ijarah Sukuk LtdHalal1.77%KSA Sukuk LtdHalal1.68%KSA Sukuk LtdHalal1.65%Global Sukuk VenturesHalal1.63%SA Global Sukuk LtdHalal1.49%KSA Sukuk LtdHalal1.41%KSA Sukuk LtdHalal1.32%Suci Second Investment CoHalal1.28%KSA Sukuk LtdHalal1.27%KSA Ijarah Sukuk LtdHalal1.23%

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

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

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Frequently Asked Questions

Is SP Funds Dow Jones Global Sukuk ETF (SPSK) halal to invest in?

SP Funds Dow Jones Global Sukuk ETF (SPSK) is rated 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 Dow Jones Global Sukuk ETF get a A+ compliance rating?

SP Funds Dow Jones Global Sukuk ETF's grade of A+ (Excellent) 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 Dow Jones Global Sukuk ETF's Shariah verdict?

SP Funds Dow Jones Global Sukuk 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 Dow Jones Global Sukuk ETF re-screened for Shariah compliance?

SP Funds Dow Jones Global Sukuk ETF is re-screened as its published holdings change. Last screened: Sep 29, 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.