Is SPSK halal?
SP Funds Dow Jones Global Sukuk ETF (SPSK) is a Shariah-compliant ETF: its index is supervised by S&P Dow Jones Shariah Supervisory Board. Its holdings are screened and a purification rate is published.
Key facts
| Fund family | SP Funds |
|---|---|
| Category | Global Bond |
| Expense ratio | 0.50% |
| Assets under management | $638.2M |
| Inception | 2019-12-27 |
Shariah supervision
| Authority | Standard | Position | Verified |
|---|---|---|---|
| S&P Dow Jones Shariah Supervisory Board | AAOIFI | compliant | 2026-05-08 |
What it tracks
The index includes U.S. dollar-denominated investment-grade sukuk, which are financial certificates, similar to bonds, issued in the global markets and structured to comply with Islamic religious law commonly known as Sharia and its investment principles. The manager attempts to invest all, or substantially all, of its assets in the component securities that make up the index. 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.
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- 🔒 Purification per holdingPRO••••••
- 🔒 Alerts when the fund's status changesPRO••••••
Frequently asked questions
Is SPSK halal?
SP Funds Dow Jones Global Sukuk ETF (SPSK) is a Shariah-compliant ETF: its index is supervised by S&P Dow Jones Shariah Supervisory Board. Its holdings are screened and a purification rate is published.
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)