SP Funds

SPUS is the SP Funds S&P 500 Sharia Industry Exclusions ETF — an exchange-traded fund providing halal exposure to approximately 200 Sharia-compliant stocks from the S&P 500 Index. It tracks stocks passing AAOIFI screening criteria, excluding prohibited industries and excessive interest-bearing debt. SPUS features a 0.45% expense ratio, trades on NYSE Arca, and can be purchased via any US brokerage with no minimum investment beyond 1 share.

SPSK is the SP Funds Dow Jones Global Sukuk ETF. Unlike conventional bond funds which yield interest (riba), SPSK invests in Sukuk — asset-backed Islamic financial certificates that generate returns through underlying tangible assets and lease arrangements. It gives Muslim investors a Sharia-compliant way to add fixed income and capital preservation to their portfolios.

SPRE is the SP Funds S&P Global REIT Sharia ETF — currently the only Sharia-compliant global REIT ETF available to US investors. It provides exposure to international real estate investment trusts producing consistent rental income, filtered for Sharia compliance. For Muslim investors seeking real estate exposure without interest-financed conventional REITs, SPRE is the primary dedicated ETF solution.

Yes. All SP Funds ETFs are built upon indexes governed by S&P Dow Jones Shariah Supervisory Boards and adhere strictly to AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) screening methodology.

SPUS has an expense ratio of 0.45%, SPSK has an expense ratio of 0.50%, SPRE has an expense ratio of 0.55%, and SPTE has an expense ratio of 0.55%. These competitive expense ratios are significantly lower than traditional active mutual funds.