Shariah-compliant ETFs
Which funds pass a Shariah screen, decided by what each one actually holds rather than by how it is marketed. 38 of the 150 funds listed here are rated halal under at least one of five published standards, measured 2026-10-21.
Drawn from 3,668 funds screened across US, UK and Canadian listings. Every verdict carries the share of the basket it was taken on, because a verdict without its coverage cannot be judged.
Funds rated halal under at least one standard
The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct. The last column names which of the five reach a halal verdict for each fund, rather than counting them.
| Fund | AAOIFI | Coverage | Halal under |
|---|---|---|---|
| AMAX.TOHamilton Gold Producer YIELD MAXIMIZER ETF | Halal | 100.00% | AAOIFI, Dow Jones, FTSE, MSCI, S&P |
| ARMHArm Holdings PLC ADRhedged | Halal | 96.32% | AAOIFI, Dow Jones, S&P |
| AZNHAstraZeneca PLC ADRhedged | Halal | 99.33% | AAOIFI, Dow Jones, FTSE, MSCI, S&P |
| BCTKBaron Technology ETF | Doubtful | 97.17% | Dow Jones, S&P |
| BPHBP p.l.c. ADRhedged | Not halal | 95.64% | FTSE, MSCI |
| GSKHGSK plc ADRhedged | Halal | 95.52% | AAOIFI, Dow Jones, FTSE, MSCI, S&P |
| GXPTGlobal X Funds - Global X PureCap MSCI Information Technology ETF | Doubtful | 99.97% | Dow Jones, S&P |
| HLALWahed FTSE USA Shariah ETF | Doubtful | 99.15% | Dow Jones, S&P |
| IITU.LiShares S&P 500 Information Technology Sector UCITS ETF | Doubtful | 99.83% | Dow Jones, S&P |
| ISDU.LiShares MSCI USA Islamic UCITS ETF | Not halal | 99.71% | Dow Jones, FTSE, MSCI, S&P |
| ISUS.LiShares MSCI USA Islamic UCITS ETF | Not halal | 99.71% | Dow Jones, FTSE, MSCI, S&P |
| IUIT.LiShares S&P 500 Information Technology Sector UCITS ETF | Doubtful | 99.83% | Dow Jones, S&P |
| IYWiShares U.S. Technology ETF | Not halal | 99.95% | Dow Jones, S&P |
| LRNDNYLI U.S. Large Cap R&D Leaders ETF | Doubtful | 95.10% | Dow Jones, S&P |
| NUGONuveen Growth Opportunities | Doubtful | 99.87% | Dow Jones, S&P |
| QMVP.TOHamilton Champions US Technology Index ETF | Doubtful | 99.80% | Dow Jones, S&P |
| QQQT.TOEvolve NASDAQ Technology Index Fund CAD Hedged | Doubtful | 100.00% | Dow Jones, S&P |
| QQQY.TOEvolve NASDAQ Technology Enhanced Yield Index Fund | Doubtful | 100.00% | Dow Jones, S&P |
| SAPHSAP SE ADRhedged | Halal | 95.51% | AAOIFI, Dow Jones, MSCI, S&P |
| SGDMSprott Gold Miners ETF | Halal | 99.69% | AAOIFI, Dow Jones, S&P |
| SHEHShell plc ADRhedged | Not halal | 95.43% | FTSE, MSCI |
| SMHVanEck Semiconductor ETF | Halal | 96.15% | AAOIFI, Dow Jones, S&P |
| SOXQInvesco PHLX Semiconductor ETF | Not halal | 99.98% | Dow Jones, S&P |
| SPUSSP Funds S&P 500 Sharia Industry Exclusions ETF | Doubtful | 99.61% | Dow Jones, S&P |
| SXLK.LState Street SPDR S&P U.S. Technology Select Sector UCITS ETF (Acc) | Doubtful | 99.35% | Dow Jones, S&P |
| TLGTouchstone Large Company Growth ETF | Doubtful | 98.01% | Dow Jones, S&P |
| TMGNETF Opportunities Trust - Tappalpha Cboe Magnificent 10 Growth & Daily Income ETF | Doubtful | 98.58% | Dow Jones, S&P |
| TTAIFCF International Quality ETF | Not halal | 100.00% | S&P |
| WTEC.LState Street SPDR MSCI World Technology UCITS ETF USD Acc | Doubtful | 95.83% | Dow Jones, S&P |
| XEG.TOiShares S&P/TSX Capped Energy Index ETF | Not halal | 99.96% | FTSE, MSCI |
| XIT.TOiShares S&P/TSX Capped Information Technology Index ETF | Doubtful | 99.99% | Dow Jones, S&P |
| XLKState Street Technology Select Sector SPDR ETF | Not halal | 99.96% | Dow Jones, S&P |
| XLKQ.LInvesco Technology S&P US Select Sector UCITS ETF | Doubtful | 99.30% | Dow Jones, S&P |
| XLKS.LInvesco Technology S&P US Select Sector UCITS ETF | Doubtful | 99.30% | Dow Jones, S&P |
| XSTC.LXtrackers MSCI USA Information Technology UCITS ETF 1D | Doubtful | 99.92% | Dow Jones, S&P |
| XTRTFXtrackers (IE) Public Limited Company - Xtrackers MSCI USA Information Technology UCITS ETF | Doubtful | 99.92% | Dow Jones, S&P |
| XUTC.LXtrackers MSCI USA Information Technology UCITS ETF 1D | Doubtful | 99.92% | Dow Jones, S&P |
| ZINNVirtus Zevenbergen Innovative Growth ETF | Doubtful | 99.92% | Dow Jones, S&P |
Funds rated doubtful
Doubtful is a verdict in its own right, not a quieter halal. It means the weight held in companies we rate not halal, counting doubtful holdings at half weight, crosses the 5% limit.
| Fund | AAOIFI | Coverage | Halal under |
|---|---|---|---|
| MGKVanguard Morningstar Mega Cap Growth ETF | Doubtful | 99.76% | None of the five |
The funds that do not pass
Listed because a reader who only sees the permissible set cannot tell whether we looked at the rest. Each one has its own page explaining what its basket holds and which limit it crosses.
| Fund | AAOIFI | Coverage | Halal under |
|---|---|---|---|
| ACWIiShares MSCI ACWI ETF | Not halal | 74.17% | None of the five |
| ARKKARK Innovation ETF | Not halal | 91.73% | None of the five |
| AVUVAvantis U.S. Small Cap Value ETF | Not halal | 96.80% | None of the five |
| CGDVCapital Group Dividend Value ETF | Not halal | 90.97% | None of the five |
| CGGRCapital Group Growth ETF | Not halal | 93.36% | None of the five |
| CNDX.LiShares NASDAQ 100 UCITS ETF USD (Acc) | Not halal | 99.96% | None of the five |
| CSP1.LiShares Core S&P 500 UCITS ETF | Not halal | 99.83% | None of the five |
| CSPX.LiShares Core S&P 500 UCITS ETF | Not halal | 99.83% | None of the five |
| DCORU.S. Core Equity 1 Portfolio ETF Class Shares | Not halal | 98.98% | None of the five |
| DFACDimensional - US Core Equity 2 ETF | Not halal | 99.30% | None of the five |
| DFASDimensional - US Small Cap ETF | Not halal | 99.80% | None of the five |
| DFATDimensional - US Targeted Value ETF | Not halal | 99.17% | None of the five |
| DFSVU.S. Small Cap Value Portfolio ETF Class Shares | Not halal | 99.64% | None of the five |
| DGROiShares Core Dividend Growth ETF | Not halal | 99.66% | None of the five |
| DIAState Street SPDR Dow Jones Industrial Average ETF Trust | Not halal | 99.68% | None of the five |
| DYNFiShares U.S. Equity Factor Rotation Active ETF | Not halal | 99.86% | None of the five |
| EQQQ.LInvesco EQQQ Nasdaq-100 UCITS ETF | Not halal | 98.32% | None of the five |
| FNDXSchwab Fundamental U.S. Large Company ETF | Not halal | 99.53% | None of the five |
| G500.LInvesco S&P 500 UCITS ETF | Not halal | 97.59% | None of the five |
| GDXVanEck Gold Miners ETF | Not rated by this method | 85.42% | None of the five |
| IJHiShares Core S&P Mid-Cap ETF | Not halal | 99.76% | None of the five |
| IJRiShares Core S&P Small-Cap ETF | Not halal | 99.68% | None of the five |
| ISAC.LiShares MSCI ACWI UCITS ETF | Not halal | 73.41% | None of the five |
| ISDW.LiShares MSCI World Islamic UCITS ETF | Not halal | 78.17% | None of the five |
| ISWD.LiShares MSCI World Islamic UCITS ETF | Not halal | 78.17% | None of the five |
| ITOTiShares Core S&P Total U.S. Stock Market ETF | Not halal | 99.74% | None of the five |
| IUSGiShares Core S&P U.S. Growth ETF | Not halal | 99.91% | None of the five |
| IUSViShares Core S&P U.S. Value ETF | Not halal | 99.65% | None of the five |
| IVEiShares S&P 500 Value ETF | Not halal | 99.65% | None of the five |
| IVViShares Core S&P 500 ETF | Not halal | 99.68% | None of the five |
| IVWiShares S&P 500 Growth ETF | Not halal | 99.90% | None of the five |
| IWBiShares Russell 1000 ETF | Not halal | 99.78% | None of the five |
| IWDiShares Russell 1000 Value ETF | Not halal | 99.68% | None of the five |
| IWDA.LiShares Core MSCI World UCITS ETF | Not halal | 82.96% | None of the five |
| IWFiShares Russell 1000 Growth ETF | Not halal | 99.85% | None of the five |
| IWMiShares Russell 2000 ETF | Not halal | 99.40% | None of the five |
| IWRiShares Russell Mid-Cap ETF | Not halal | 99.27% | None of the five |
| JEPIJPMorgan Equity Premium Income ETF | Not halal | 82.79% | None of the five |
| JEPQJPMorgan Nasdaq Equity Premium Income ETF | Not halal | 83.35% | None of the five |
| LSPU.LAmundi Core S&P 500 Swap UCITS ETF USD Dist | Not halal | 96.82% | None of the five |
| LSPX.LAmundi Core S&P 500 Swap UCITS ETF USD Dist | Not halal | 96.82% | None of the five |
| MDYState Street SPDR S&P MIDCAP 400 ETF Trust | Not halal | 99.10% | None of the five |
| QQQInvesco QQQ Trust, Series 1 | Not halal | 99.85% | None of the five |
| QQQMInvesco NASDAQ 100 ETF | Not halal | 99.86% | None of the five |
| QUALiShares MSCI USA Quality Factor ETF | Not halal | 99.84% | None of the five |
| RDVYFirst Trust Rising Dividend Achievers ETF | Not halal | 99.83% | None of the five |
| RSPInvesco S&P 500 Equal Weight ETF | Not halal | 98.75% | None of the five |
| SCHBSchwab U.S. Broad Market ETF | Not halal | 99.87% | None of the five |
| SCHDSchwab U.S. Dividend Equity ETF | Not halal | 99.95% | None of the five |
| SCHGSchwab U.S. Large-Cap Growth ETF | Not halal | 99.92% | None of the five |
| SCHXSchwab U.S. Large-Cap ETF | Not halal | 99.88% | None of the five |
| SMTC.LAmundi Smart Overnight Return UCITS ETF USD Hedged Acc | Not halal | 98.91% | None of the five |
| SOXXiShares Semiconductor ETF | Not halal | 97.26% | None of the five |
| SP5C.LAmundi Core S&P 500 Swap UCITS ETF Acc | Not halal | 96.53% | None of the five |
| SP5G.LAmundi Core S&P 500 Swap UCITS ETF GBP Hedged Dist | Not halal | 96.53% | None of the five |
| SP5L.LAmundi Core S&P 500 Swap UCITS ETF Acc | Not halal | 96.53% | None of the five |
| SPLGSPDR Portfolio S&P 500 ETF | Not halal | 99.45% | None of the five |
| SPRESP Funds S&P Global REIT Sharia ETF | Not rated by this method | 65.89% | None of the five |
| SPX5.LState Street SPDR S&P 500 UCITS ETF (Dist) | Not halal | 98.46% | None of the five |
| SPXD.LInvesco S&P 500 UCITS ETF | Not halal | 97.51% | None of the five |
| SPXP.LInvesco S&P 500 UCITS ETF | Not halal | 97.51% | None of the five |
| SPXS.LInvesco S&P 500 UCITS ETF | Not halal | 97.51% | None of the five |
| SPYState Street SPDR S&P 500 ETF | Not halal | 99.64% | None of the five |
| SPY5.LState Street SPDR S&P 500 UCITS ETF (Dist) | Not halal | 98.46% | None of the five |
| SPYGState Street SPDR Portfolio S&P 500 Growth ETF | Not halal | 99.99% | None of the five |
| SPYL.LState Street SPDR S&P 500 UCITS ETF (Acc) | Not halal | 98.46% | None of the five |
| SPYMState Street SPDR Portfolio S&P 500 ETF | Not halal | 99.82% | None of the five |
| SPYVState Street SPDR Portfolio S&P 500 Value ETF | Not halal | 99.79% | None of the five |
| SSAC.LiShares MSCI ACWI UCITS ETF | Not halal | 73.44% | None of the five |
| SWDA.LiShares Core MSCI World UCITS ETF | Not halal | 82.85% | None of the five |
| USMViShares MSCI USA Min Vol Factor ETF | Not halal | 99.50% | None of the five |
| VBVanguard Morningstar Small-Cap ETF | Not halal | 98.48% | None of the five |
| VBKVanguard Morningstar Small-Cap Growth ETF | Not halal | 97.74% | None of the five |
| VBRVanguard Morningstar Small-Cap Value ETF | Not halal | 99.09% | None of the five |
| VFV.TOVanguard S&P 500 Index ETF | Not halal | 99.83% | None of the five |
| VGRO.TOVanguard Growth ETF Portfolio | Not halal | 68.42% | None of the five |
| VGTVanguard Information Technology ETF | Not halal | 99.69% | None of the five |
| VIGVanguard Dividend Appreciation ETF | Not halal | 99.86% | None of the five |
| VNGDFVanguard S&P 500 UCITS ETF (USD) Distributing | Not halal | 100.00% | None of the five |
| VNQVanguard Real Estate ETF | Not halal | 99.23% | None of the five |
| VOVanguard Morningstar Mid-Cap ETF | Not halal | 99.69% | None of the five |
| VOEVanguard Morningstar Mid-Cap Value ETF | Not halal | 99.95% | None of the five |
| VONGVanguard Russell 1000 Growth ETF | Not halal | 99.76% | None of the five |
| VOOVanguard S&P 500 ETF | Not halal | 100.00% | None of the five |
| VOOGVanguard S&P 500 Growth ETF | Not halal | 99.94% | None of the five |
| VOTVanguard Morningstar Mid-Cap Growth ETF | Not halal | 99.36% | None of the five |
| VTVanguard Total World Stock ETF | Not halal | 76.62% | None of the five |
| VTIVanguard Morningstar Total Stock Market ETF | Not halal | 99.72% | None of the five |
| VTVVanguard Morningstar Value ETF | Not halal | 100.00% | None of the five |
| VUAA.LVanguard S&P 500 UCITS ETF (USD) Accumulating | Not halal | 100.00% | None of the five |
| VUAG.LVanguard S&P 500 UCITS ETF (USD) Accumulating | Not halal | 100.00% | None of the five |
| VUGVanguard Morningstar Growth ETF | Not halal | 99.91% | None of the five |
| VUSA.LVanguard S&P 500 UCITS ETF (USD) Distributing | Not halal | 100.00% | None of the five |
| VUSD.LVanguard S&P 500 UCITS ETF (USD) Distributing | Not halal | 100.00% | None of the five |
| VVVanguard Morningstar Large-Cap ETF | Not halal | 99.96% | None of the five |
| VWRA.LVanguard FTSE All-World UCITS ETF (USD) Accumulating | Not halal | 78.09% | None of the five |
| VWRD.LVanguard FTSE All-World UCITS ETF (USD) Distributing | Not halal | 78.09% | None of the five |
| VWRL.LVanguard FTSE All-World UCITS ETF (USD) Distributing | Not halal | 78.09% | None of the five |
| VWRP.LVanguard FTSE All-World UCITS ETF (USD) Accumulating | Not halal | 78.09% | None of the five |
| VXFVanguard Extended Market ETF | Not halal | 97.14% | None of the five |
| VYMVanguard High Dividend Yield ETF | Not halal | 99.84% | None of the five |
| XDWD.LXtrackers MSCI World UCITS ETF 1C | Not halal | 85.19% | None of the five |
| XDWL.LXtrackers MSCI World UCITS ETF 1D | Not halal | 85.19% | None of the five |
| XEQT.TOiShares Core Equity ETF Portfolio | Not halal | 75.60% | None of the five |
| XIC.TOiShares Core S&P/TSX Capped Composite Index ETF | Not halal | 97.54% | None of the five |
| XLEState Street Energy Select Sector SPDR ETF | Not halal | 99.80% | None of the five |
| XLFState Street Financial Select Sector SPDR ETF | Not halal | 99.91% | None of the five |
| XLIState Street Industrial Select Sector SPDR ETF | Not halal | 99.88% | None of the five |
| XLUState Street Utilities Select Sector SPDR ETF | Not halal | 99.88% | None of the five |
| XLVState Street Health Care Select Sector SPDR ETF | Not halal | 99.81% | None of the five |
| ZSP.TOBMO S&P 500 Index ETF | Not halal | 99.85% | None of the five |
Common questions
Which ETFs are Shariah compliant?
Of the 150 funds listed on this page, 38 are rated halal under at least one of the five standards we publish, measured 2026-10-21. The number is genuinely small: a fund passes only if its combined weight in companies we rate not halal stays under 5%, and a broad-market fund typically holds far more than that in banks, insurers and other excluded businesses. It also moves — coverage and verdicts are rebuilt nightly from each fund's own holdings.
Is an ETF halal just because it is marketed as Islamic?
No, and this is the single most common surprise in the data. A fund is screened on its basket, not its name. Several funds marketed as Shariah-compliant come out doubtful on our fund screen because the weighted roll-up of their holdings crosses the 5% limit, while a handful of conventional funds pass. Both results are what the holdings say.
Why do you publish five verdicts instead of one?
The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.
What does coverage mean next to a verdict?
It is the share of the fund's portfolio weight we hold a usable verdict for. Below 95% we do not publish a halal or doubtful verdict at all — the only verdict we will publish on a partly-visible basket is not halal, and only when the weight we can already see breaches the 5% limit on its own, because the part we cannot see could only add to it.
How many ETFs do you screen in total?
3,668 funds across US, UK and Canadian listings as of 2026-10-21, rebuilt nightly. This page carries 150 of them — every fund any rulebook calls halal, the most-searched tickers, and the largest by size. The full universe is available through the API.
Every fund, through the API
This page is a selection. The full 3,668-fund universe, each fund's holdings, the weight splits behind every verdict and a screener across all five rulebooks are available to build on.
Verdicts measured 2026-10-21. Coverage and verdicts move as fund providers republish their holdings. This is screening data, not investment advice.