Is SP Funds S&P Global Technology ETF (SPTE) ETF Halal?
Compliance Status
Halal
Screened on Oct 28, 2026 · AAOIFI Standard 21 look-through
Good
Is SP Funds S&P Global Technology ETF (SPTE) halal? Halal. Looking through its holdings under AAOIFI Standard 21, SP Funds S&P Global Technology ETF keeps non-compliant holdings under 5% of its basket by weight with a compliance score of 78/100 (Grade: B+).
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HalalScreener rates SP Funds S&P Global Technology ETF (SPTE) Halal, 78/100, grade B+ under AAOIFI Standard 21 look-through, screened Oct 28, 2026. Source: https://halalscreener.app/en/stock/SPTE
Basket rule
Within the limitAn ETF is halal when non-compliant holdings stay under 5% of the basket by weight.
84% of the basket's holdings were screened individually.
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SPTE
SP Funds S&P Global Technology ETF
$45.48
Market Cap: 128.1M
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About SP Funds S&P Global Technology ETF
SPTE is an ETF designed to track a global index composed of leading information technology companies, all rigorously screened for adherence to Shariah principles. The fund strictly excludes businesses involved in activities deemed non-compliant with Islamic law, such as gambling, tobacco, or alcohol production and sales. Furthermore, companies with financial leverage that contravenes Shariah regulations are also omitted from the index. The benchmark employs a float-adjusted market capitalization weighting system, with individual issuer allocations capped at 10% and country allocations limited to 50%. SPTE also has the flexibility to invest up to 20% of its assets in other Shariah-compliant securities not directly part of the index, based on adviser recommendations, to help maintain alignment with the index's performance. The overall objective of SPTE is to provide balanced exposure to the technology sector while upholding Shariah guidelines and delivering consistent returns akin to its underlying index.
Sector: Financial Services · Industry: Asset Management - Global
Shariah Compliance Status
Basket Composition
84% 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.
Top 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
Halal, unchanged since Jun 2026.
No status changes recorded since we began tracking.
Tracked since Jun 2026. Updates automatically on each re-screen.
Purify Your SPTE Dividends
1.3% non-compliant incomeSPTE has 1.3% prohibited income. Calculate exactly how much of your dividends to donate.
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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.