The SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) is a unique investment vehicle that offers exposure to U.S. large-cap equities while adhering to Sharia principles. This ETF is meticulously crafted for investors seeking to align their financial goals with ethical investing standards guided by Islamic law. SPUS rigorously screens components of the S&P 500 to exclude companies involved in industries such as alcohol, gambling, and interest-based financial services, ensuring compliance with Sharia guidelines.
Focusing on the Size and Style category, SPUS targets the large-cap segment of the market, providing an opportunity for investors to capture the growth potential of established American corporations. This broad-based fund offers a diversified approach, allowing participants to partake in the robustness of the U.S. stock market while adhering to a specific set of ethical criteria. With its distinct niche of Sharia-compliant investment, SPUS serves as an ideal choice for both faith-driven investors and those interested in socially responsible investing, presenting a harmonious blend of financial performance and ethical commitment.
Asset Class
Equity
Region
North America
Issuer
SP Funds
Index Tracked
S&P 500 Shariah Industry Exclusions Index
Ticker Symbol
SPUS
SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) Fund Flow Chart
SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) 1 year Net Flows: $527M
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