Halal ETFs and funds

15 Shariah-compliant ETFs and mutual funds, with total returns including dividends. Each follows an Islamic index or is screened by its own Shariah board.

FundFocusTrades onPriceToday1MYTD1Y3Y /yr5Y /yr
SPUSSP Funds S&P 500 Sharia Industry Exclusions ETFSP Funds · ETFUS large caps (S&P 500 Shariah)NYSE$60.11+0.40%+0.7%+18.2%+16.5%+27.5%—
HLALWahed FTSE USA Shariah ETFWahed · ETFUS stocks (FTSE USA Shariah)Nasdaq$74.11+0.29%−0.9%+19.8%+19.7%+23.8%—
MNZLManzil Russell Halal USA Broad Market ETFManzil · ETFUS broad market (Russell Halal)NYSE$61.90+0.47%+1.3%+20.0%———
SPTESP Funds S&P Global Technology ETFSP Funds · ETFGlobal technologyNYSE$48.48+1.51%−2.5%+37.9%+32.5%——
SPWOSP Funds S&P World ETFSP Funds · ETFWorld excluding the USNYSE$32.56+1.50%−3.3%+20.2%+19.4%——
UMMAWahed Dow Jones Islamic World ETFWahed · ETFWorld excluding the US (Dow Jones Islamic)Nasdaq$36.46+1.63%−0.7%+24.1%+26.9%+25.1%—
SPRESP Funds S&P Global REIT Sharia ETFSP Funds · ETFGlobal real estate (REITs)NYSE$18.37−0.43%−3.8%−3.4%−3.0%+8.2%—
SPSKSP Funds Dow Jones Global Sukuk ETFSP Funds · ETFGlobal sukuk (Islamic bonds)NYSE$17.45−0.11%+0.3%−1.9%−2.2%+3.7%—
ISDWiShares MSCI World Islamic UCITS ETF USD (Dist)iShares · ETFWorld (MSCI World Islamic)London$70.21+0.30%+0.7%+22.4%+22.2%+20.8%+11.6%
ISUSiShares MSCI USA Islamic UCITS ETF USD (Dist)iShares · ETFUS stocks (MSCI USA Islamic)London8,167 p+0.16%+0.3%+29.1%+25.6%+18.2%+13.0%
ISDEiShares MSCI EM Islamic UCITS ETF USD (Dist)iShares · ETFEmerging markets (MSCI EM Islamic)London$33.25−1.63%−9.9%+37.5%+38.0%+27.8%+10.4%
IGDAInvesco Markets II plc - Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD AccInvesco · ETFDeveloped markets (Dow Jones Islamic)London$40.02−0.20%+0.1%+14.9%+14.7%+23.4%—
AMAGXAmana Growth InvestorAmana (Saturna) · Mutual fundUS growth stocksMutual fund$108.30+0.19%+0.3%+15.8%+13.6%+22.7%—
AMANXAmana Income InvestorAmana (Saturna) · Mutual fundUS dividend stocksMutual fund$81.22+0.16%+3.0%+15.1%+17.2%+18.9%—
AMDWXAmana Developing World InvestorAmana (Saturna) · Mutual fundDeveloping marketsMutual fund$17.46+0.52%−5.7%+12.6%+15.8%+17.9%—

Returns use adjusted closes, so dividends are included; 3- and 5-year figures are yearly averages. Fees are not listed because published figures disagree: check each fund's fee and Shariah board on its issuer's page (the fund name links there). Past returns do not guarantee future ones.

Choosing a halal fund

  • Stock funds (SPUS, HLAL, MNZL) hold US companies that pass an Islamic index's screen. Their holdings overlap heavily with the large tech names.
  • World and emerging-market funds (UMMA, SPWO, ISDE) spread the same screen across other countries.
  • Sukuk (SPSK) are Islamic bonds: lower returns and lower swings than stocks.
  • London-listed UCITS ETFs (iShares, Invesco) are often easier to buy from the Gulf and the UK.
  • A fund's dividends may still need purification: some publish the percentage each year.

Tools for Muslim investors

Automated screen for information only, not a fatwa and not investment advice. The 5% impermissible-income test is not applied: check with a scholar before deciding.