HalalGauge
SPSK · ETF
SP Funds Dow Jones Global Sukuk ETF

Is SP Funds Dow Jones Global Sukuk ETF (SPSK) halal?

SP Funds Dow Jones Global Sukuk ETF is a purpose-built Shariah-compliant ETF.

SPSK (SP Funds Dow Jones Global Sukuk ETF) holds sukuk — asset-backed Islamic instruments structured to avoid riba — rather than interest-bearing bonds. Used as the income/stability sleeve of a halal portfolio.

Provider: SP Funds

Why ETFs are screened differently

An ETF holds dozens or hundreds of underlying securities, so its halal status depends on (1) whether those holdings are individually Shariah-compliant, (2) whether the fund screens and purifies, and (3) the fund's own structure (e.g. interest earned on cash). You can't judge it with a single company's debt-to-market-cap ratio — which is why HalalGauge shows a curated summary for funds rather than a company screen.

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HalalGauge surfaces published scholarly methodologies with full sourcing; it does not issue fatwa or certify any security as halal. Verify with a qualified scholar before investing.