SP Funds
Profit Rate
Contact for rates
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States
All 50
Verified
Yes
Wahed Invest
Profit Rate
Contact for rates
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Contact
States
All 50
Verified
Yes
Overall Score
Sharia Compliance
Transparency
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SP Funds — All 50 States
🌎 Nationwide coverage
Available in all 50 US states
Wahed Invest — All 50 States
🌎 Nationwide coverage
Available in all 50 US states
SP Funds
Dallas-based halal ETF provider offering SPUS (SP Funds S&P 500 Sharia Industry Exclusions ETF) and SPSK (sukuk ETF) — AAOIFI-certified Sharia-compliant exchange-traded funds with Independently rated 4.5/5 with particularly strong scores on Sharia compliance.
Wahed Invest
The largest Sharia-compliant robo-advisor in the world. Wahed Invest offers halal investing through diversified portfolios of ethical stocks, sukuk, and gold — available to all US Independently rated 4.6/5 with particularly strong scores on Sharia compliance.
* Ratings based on independent editorial review. We may receive a referral fee if you apply through our links — this does not affect our ratings.
Overall winner: Wahed Invest (4.6/5)
Wahed Invest is our top recommendation for US Muslim investors seeking Sharia-compliant wealth growth. Its AAOIFI certification, SEC registration, $100 minimum, and professional portfolio management make it the most accessible and credible halal investing platform in the US. Not a mortgage provider — purely for investment savings.
SP Funds
SP Funds is our top recommendation for cost-conscious US Muslim investors seeking AAOIFI-certified halal ETFs with no minimum investment. SPUS is the most straightforward halal S&P 500 exposure available. SPRE is unique — the only halal global REIT ETF in the US market. Available on all major brokerages at an expense ratio of 0.45%.
Full reviewWahed Invest
Wahed Invest is our top recommendation for US Muslim investors seeking Sharia-compliant wealth growth. Its AAOIFI certification, SEC registration, $100 minimum, and professional portfolio management make it the most accessible and credible halal investing platform in the US. Not a mortgage provider — purely for investment savings.
Full reviewRatings based on independent editorial research. No provider pays to receive a higher score.
Based on Fair Meridian's independent ratings, Wahed Invest scores higher overall with a 4.6/5 rating. However, the best choice depends on your state, financing structure preference, and specific needs.
Yes. SP Funds is licensed in all 50 US states.
Yes. Wahed Invest is licensed in all 50 US states.
SP Funds: Dallas-based halal ETF provider offering SPUS (SP Funds S&P 500 Sharia Industry Exclusions ETF) and SPSK (sukuk ETF) — AAOIFI-certified Sharia-compliant exchange-traded funds with low expense ratios, available on any US brokerage. Wahed Invest: The largest Sharia-compliant robo-advisor in the world. Wahed Invest offers halal investing through diversified portfolios of ethical stocks, sukuk, and gold — available to all US investors. See the full rating breakdown and product comparison above.