What is Neos S&P 500(R) High Income ETF's Shariah compliance score?

Neos S&P 500(R) High Income ETF (SPYI) 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 Neos S&P 500(R) High Income ETF pass AAOIFI look-through screening?

Neos S&P 500(R) High Income ETF (SPYI) 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 Neos S&P 500(R) High Income 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 Neos S&P 500(R) High Income ETF (SPYI) using the latest financial data.

Where can I screen Neos S&P 500(R) High Income ETF for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Neos S&P 500(R) High Income ETF (SPYI) 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.

SPYINot HalalF

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Compliance Status

Not Halal

Screened on Oct 5, 2026 · AAOIFI Standard 21 look-through

Non-Compliant

0Score

Is Neos S&P 500(R) High Income ETF (SPYI) halal? Not Halal. Looking through its holdings under AAOIFI Standard 21, Neos S&P 500(R) High Income 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 Neos S&P 500(R) High Income ETF (SPYI) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Oct 5, 2026. Source: https://halalscreener.app/en/stock/SPYI

Basket rule

Over the limit

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

19.7% of 5.0% limit

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

SPYI: Is Neos S&P 500(R) High Income ETF Halal?

Neos S&P 500(R) High Income ETF

CBOEFinancial ServicesUS

$53.77

Market Cap: 10.6B

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About Neos S&P 500(R) High Income ETF

The NEOS S&P 500 High Income ETF seeks high monthly income in a tax efficient manner, with the potential for upside appreciation in rising markets.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21 look-throughUpdated Oct 5, 2026

AI Compliance Insight

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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% (19.7%)

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.

71%

20%

Halal71%

Doubtful6%

Not Halal20%

Unknown3%

Top Holdings

NVDANVIDIA CorpHalal7.53%AAPLApple IncHalal6.56%MSFTMicrosoft CorpHalal4.29%AMZNAmazon.com IncHalal3.63%GOOGLAlphabet IncHalal3.27%AVGOBroadcom IncHalal2.78%GOOGLAlphabet IncHalal2.60%MUMicron Technology IncHalal1.98%METAMeta Platforms IncHalal1.91%TSLATesla IncHalal1.84%

10 more screened holdings, each with its own verdict, are part of Pro.See the full basket

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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 Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

Tracked since Aug 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:

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PSLVA+

Sprott Physical Silver Trust

$19.43

PHYSA+

Sprott Physical Gold Trust

$30.96

CEFA+

Sprott Physical Gold and Silver Trust

$40.81

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Frequently Asked Questions

Is Neos S&P 500(R) High Income ETF (SPYI) halal to invest in?

Neos S&P 500(R) High Income ETF (SPYI) 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 Neos S&P 500(R) High Income ETF get a F compliance rating?

Neos S&P 500(R) High Income 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 Neos S&P 500(R) High Income ETF's Shariah verdict?

Neos S&P 500(R) High Income 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 Neos S&P 500(R) High Income ETF re-screened for Shariah compliance?

Neos S&P 500(R) High Income ETF is re-screened as its published holdings change. Last screened: Oct 5, 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.