NYSE ArcaSP Funds

Is SPWO halal?

SP Funds S&P World (ex-US) ETF (SPWO) is a shariah-screened ETF from SP Funds, tracking the S&P DM Ex-U.S. & EM 50/50 Shariah Index with shariah oversight by Certificate of Sharia Accreditation available on the fund page, at an expense ratio of 0.55%, from the issuer's own documents as of July 22, 2026.

SP Funds SPWO fund page. Checked Jul 22, 2026.
TracksS&P DM Ex-U.S. & EM 50/50 Shariah Index
Screening standardAAOIFI guidelines per issuer: excludes non-compliant businesses and screens out companies with excessive leverage or income from non-compliant sources
Shariah reviewCertificate of Sharia Accreditation available on the fund page; Raqaba is the Shari'a auditor named on SP Funds' published audit reports
Yearly fee0.55%
Assets$131.6 million. As of Apr 1, 2026
HoldsSharia-compliant developed and emerging market stocks excluding the US (about 500 constituents in 42 countries; top holding TSMC)
Other funds

Shariah ETFs

All stocks and ETFs
UMMAWahed Dow Jones Islamic World ETFInternational ex-US, actively managedWSHRWealthsimple Shariah World Equity Index ETFDeveloped-world, quality + low-volHLALWahed FTSE USA Shariah ETFUS large + mid caps (FTSE Shariah)