Is SPRE halal?
SP Funds S&P Global REIT Sharia ETF (SPRE) is questionable: it has not been fully verified as Shariah-compliant, so check its holdings and a scholar before investing.
Key facts
| Fund family | SP Funds |
|---|---|
| Category | Real Estate |
| Expense ratio | 0.50% |
| Assets under management | $212.1M |
| Inception | 2020-12-29 |
| Purification rate | 1.4% |
Shariah supervision
| Authority | Standard | Position | Verified |
|---|---|---|---|
| S&P Dow Jones Shariah Supervisory Board | AAOIFI | compliant | 2026-05-08 |
Top 5 holdings
| Holding | Weight | Status |
|---|---|---|
| Welltower Inc | 13.22% | Compliant |
| Equinix Inc | 12.44% | Compliant |
| Goodman Group | 11.99% | Compliant |
| Prologis Inc | 11.43% | Compliant |
| Mid-America Apartment Communities Inc | 5.06% | non_compliant |
Sector mix
| Realestate | 100.0% |
|---|
What it tracks
The index includes all REIT securities listed in developed and emerging markets and included as constituents of the S&P Global BMI Shariah Index, a comprehensive global Sharia-compliant index of publicly-traded equity securities. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.
Go deeper on Sanad
Free to look up. These parts are included with a free trial or Sanad Pro.
- 🔒 All 10 holdings with each one's compliancePRO••••••
- 🔒 Purification per holdingPRO••••••
- 🔒 Alerts when the fund's status changesPRO••••••
Frequently asked questions
Is SPRE halal?
SP Funds S&P Global REIT Sharia ETF (SPRE) is questionable: it has not been fully verified as Shariah-compliant, so check its holdings and a scholar before investing.
What is purification for an ETF?
Even compliant companies earn a little interest. A Shariah ETF publishes the share of income that is not permissible so investors can donate the same share of their distributions.
Who certifies it?
S&P Dow Jones Shariah Supervisory Board (AAOIFI, verified 2026-05-08)