Is SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) halal? Halal. Based on AAOIFI screening, SP Funds S&P 500 Sharia Industry Exclusions ETF passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 86/100 (Grade: A).
SPUS โ Is SP Funds S&P 500 Sharia Industry Exclusions ETF Halal?
HalalSP Funds S&P 500 Sharia Industry Exclusions ETF
$58.83
Read Full Analysis
Is SPUS ETF Halal? SP Funds S&P 500 Sharia Industry Exclusions ETF
Shariah Compliance Status
Based on AAOIFI screening standards
Very Good
Strong compliance across all metrics
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.
- โขBasket look-through: 93.9% halal, 1.5% doubtful, 2.8% haram, 1.9% unknown
Use the Purification Calculator to compute exactly how much of your dividend income to donate.
Basket Composition
98% 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.
Compliance History
Halalnow
current status
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
Purify Your SPUS Dividends
1.0% non-compliant incomeSPUS has 1.0% prohibited income. Calculate exactly how much of your dividends to donate.
Financial Overview
Market Cap
2.6B
Price
$58.83
Sector
-
Industry
-
Track SPUS and 10,000+ stocks with AI insights
Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.
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.