Is SPUS halal?
SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) 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 (about 1.2% of dividends).
Key facts
| Fund family | SP Funds |
|---|---|
| Category | Large Growth |
| Expense ratio | 0.45% |
| Assets under management | $2.85B |
| Inception | 2019-12-17 |
| Purification rate | 1.2% |
Shariah supervision
| Authority | Standard | Position | Verified |
|---|---|---|---|
| S&P Dow Jones Shariah Supervisory Board | AAOIFI | compliant | 2026-05-08 |
Top 5 holdings
| Holding | Weight | Status |
|---|---|---|
| NVIDIA Corp | 13.28% | Compliant |
| Apple Inc | 12.04% | Compliant |
| Microsoft Corp | 9% | Compliant |
| Alphabet Inc | 5.59% | Compliant |
| Broadcom Inc | 4.65% | Compliant |
Sector mix
| Technology | 59.9% |
|---|---|
| Healthcare | 11.4% |
| Consumer cyclical | 7.1% |
| Industrials | 6.8% |
| Communication services | 5.5% |
| Basic materials | 2.7% |
What it tracks
The index is composed of the constituents of the S&P 500® Shariah Index other than those from the following sub-industries: Aerospace & Defense, Financial Exchanges & Data, and Data Processing & Outsourced Services. The manager attempts to invest all, or substantially all, of its assets in the component securities of the index. Under normal circumstances, at least 80% of the fund's total assets will be invested in sharia companies that are component securities of the index. It is non-diversified.
Go deeper on Sanad
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- 🔒 All 211 holdings with each one's compliancePRO••••••
- 🔒 Purification per holdingPRO••••••
- 🔒 Alerts when the fund's status changesPRO••••••
Frequently asked questions
Is SPUS halal?
SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) 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 (about 1.2% of dividends).
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)