SPUS
SP Funds S&P 500 Sharia Industry Exclusions ETF
SPUS takes the S&P 500 and strips out any company that fails a Shariah screen — no conventional banks, no alcohol, no gambling, no interest-heavy balance sheets — leaving a fund of large U.S. companies built to stay halal-compliant.
Expense ratio: 0.45% · 30-Day SEC Yield: 0.43% (as of 06/30/2026) · AUM: ~$2.8B · ~212 holdings · Inception: Dec 17, 2019
Top holdings
NVIDIA (12.60%), Apple (12.11%), Microsoft (7.75%), Alphabet (5.63%), Broadcom (4.56%), Tesla (2.96%), Micron Technology (2.94%), Eli Lilly (2.56%), AMD (2.25%), Johnson & Johnson (1.72%)
Sector weight
Technology 59.0% · Healthcare 11.9% · Consumer Cyclical 7.0% · Industrials 6.8% · Communication Services 5.7% · the rest spread across Consumer Defensive, Basic Materials, Energy, Real Estate, and Utilities.
How it screens
Follows S&P's Shariah methodology: excludes conventional banking, insurance, alcohol, tobacco, pork, gambling, adult entertainment, and weapons, plus Aerospace & Defense and Financial Data sub-industries. Financial screens cap debt, cash/interest-bearing securities, and receivables each under a third of market cap, with non-permissible income under 5% of revenue.
SEC Prospectus·
SP Funds·
Robinhood·
S&P Shariah Methodology
ISDU
iShares MSCI USA Islamic UCITS ETF (ISDU)
ISDU applies MSCI's Islamic screen to the U.S. stock market — same idea as SPUS, different rulebook and provider (BlackRock/iShares instead of SP Funds), which is why the holdings and weights come out a little differently even though both are halal-screened.
Total expense ratio: 0.30% · 12-month trailing yield: 0.72% (as of 03 Jul 2026) · Fund size: ~€419M · ~132–141 holdings depending on date
Top holdings
Microsoft (14.57%), Tesla (8.32%), Exxon Mobil (4.70%), Johnson & Johnson (4.37%), Micron Technology (3.39%), Procter & Gamble (2.86%), Chevron (2.61%), AMD (2.38%), Cisco Systems (2.29%), Applied Materials (2.16%)
Sector weight
Technology 45.3% · Healthcare 12.8% · Consumer Cyclical 11.9% · Energy 10.7% · Industrials 7.3% · the rest spread across Basic Materials, Consumer Defensive, Utilities, Communication Services, and Real Estate.
How it screens
Follows MSCI's Islamic Index methodology: excludes alcohol, tobacco, cannabis, pork, defense/weapons, conventional financial services, gambling, hotels, music, cinema, and adult content above a 5% revenue threshold. Financial ratio screen caps debt, cash/interest-bearing securities, and receivables each near a third of total assets.
BlackRock Factsheet·
justETF·
Fidelity UK·
MSCI Islamic Methodology
