What is State Street Energy Select Sector SPDR ETF's Shariah compliance score?

State Street Energy Select Sector SPDR ETF (XLE) 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 State Street Energy Select Sector SPDR ETF pass AAOIFI look-through screening?

State Street Energy Select Sector SPDR ETF (XLE) 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 State Street Energy Select Sector SPDR 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 State Street Energy Select Sector SPDR ETF (XLE) using the latest financial data.

Where can I screen State Street Energy Select Sector SPDR ETF for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for State Street Energy Select Sector SPDR ETF (XLE) 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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Compliance Status

Not Halal

Screened on Oct 12, 2026 · AAOIFI Standard 21 look-through

Non-Compliant

0Score

Is State Street Energy Select Sector SPDR ETF (XLE) halal? Not Halal. Looking through its holdings under AAOIFI Standard 21, State Street Energy Select Sector SPDR 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 State Street Energy Select Sector SPDR ETF (XLE) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Oct 12, 2026. Source: https://halalscreener.app/en/stock/XLE

Basket rule

Over the limit

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

15.7% of 5.0% limit

74% of the basket's holdings were screened individually.

XLE: Is State Street Energy Select Sector SPDR ETF Halal?

State Street Energy Select Sector SPDR ETF

AMEXETFUS

$68.24

Market Cap: 44.6B

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Shariah Compliance Status

AAOIFI Standard 21 look-throughUpdated Oct 12, 2026

AI Compliance Insight

PRO

Institutional-grade Shariah analysis

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See why XLE is rated Not Halal with institutional-grade analysis

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% (15.7%)

Basket Composition

74% 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.

50%

16%

26%

Halal50%

Doubtful8%

Not Halal16%

Unknown26%

Top Holdings

Exxon Mobil CorpUnknown22.66%CVXChevron CorpHalal16.08%COPConocoPhillipsHalal6.56%WMBWilliams Cos Inc/TheNot Halal5.02%VLOValero Energy CorpHalal4.64%MPCMarathon Petroleum CorpDoubtful4.48%EOGEOG Resources IncHalal4.14%SLBSLB LtdHalal4.09%PSXPhillips 66Halal4.07%KMIKinder Morgan IncNot Halal3.75%

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

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 Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: N/AData source: FMP-LOOKTHROUGH

Halal Alternatives in ETF

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

IAUA+

iShares Gold Trust

$78.34

XLKA

State Street Technology Select Sector SPDR ETF

$183.47

SMHA

VanEck Semiconductor ETF

$539.79

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SPY

State Street SPDR S&P 500 ETF Trust

QQQ

Invesco QQQ Trust, Series 1

IVV

iShares Core S&P 500 ETF

VOO

Vanguard S&P 500 ETF

VTI

Vanguard Total Stock Market ETF

DIA

State Street SPDR Dow Jones Industrial Average ETF Trust

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Frequently Asked Questions

Is State Street Energy Select Sector SPDR ETF (XLE) halal to invest in?

State Street Energy Select Sector SPDR ETF (XLE) 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 State Street Energy Select Sector SPDR ETF get a F compliance rating?

State Street Energy Select Sector SPDR 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 State Street Energy Select Sector SPDR ETF's Shariah verdict?

State Street Energy Select Sector SPDR 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 State Street Energy Select Sector SPDR ETF re-screened for Shariah compliance?

State Street Energy Select Sector SPDR ETF is re-screened as its published holdings change. Last screened: Oct 12, 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.