Best Halal ETFs in 2026: The Complete US List
Published August 5, 2026 · 7 min read
Halal ETFs let you own a diversified, sharia-screened portfolio in a single ticker — no stock-by-stock research required. Here is every major sharia-compliant ETF available to US investors, what each actually holds, and how to combine them.
SP Funds S&P 500 Sharia Industry Exclusions ETF
The S&P 500 with non-compliant companies removed — the closest thing to 'the halal S&P 500'. Heavily weighted to large-cap US tech.
Screening: AAOIFI-based (S&P Shariah methodology) · Role: Core US equity holding; the default choice for most halal-first portfolios.
Wahed FTSE USA Shariah ETF
Broad US equities screened by the FTSE Shariah methodology. Similar role to SPUS with a different index and slightly different holdings mix.
Screening: FTSE Shariah Global Equity Index Series · Role: Core US equity alternative — compare its top holdings against SPUS before choosing.
Wahed Dow Jones Islamic World ETF
International (ex-US-heavy) equities screened by the Dow Jones Islamic Market methodology.
Screening: Dow Jones Islamic Market · Role: International diversification alongside a US core.
SP Funds S&P World ETF
Global equities in one sharia-screened fund — US plus developed and emerging markets.
Screening: AAOIFI-based · Role: A one-fund global equity option.
SP Funds S&P Global Technology ETF
A concentrated, sharia-screened global technology sector fund.
Screening: AAOIFI-based · Role: A sector tilt — watch your overall tech concentration if you also hold SPUS.
SP Funds S&P Global REIT Sharia ETF
Real estate exposure through REITs that pass sharia screening of their financing and activities.
Screening: AAOIFI-based · Role: Income + real-estate diversification without buying property.
SP Funds Dow Jones Global Sukuk ETF
Sukuk (Islamic certificates) — the halal counterpart to a bond fund, providing the stabilizing role bonds play in conventional portfolios.
Screening: Dow Jones Sukuk Index · Role: The 'fixed income' sleeve of a halal portfolio.
How to choose
- Start with one core fund (SPUS or HLAL) rather than collecting overlapping tickers — SPUS and HLAL hold many of the same mega-caps, so owning both adds little diversification.
- Add international (UMMA or SPWO) once the core is in place.
- SPSK plays the bond role — if you came from a conventional 60/40 portfolio, sukuk is the compliant replacement for the 40.
- Check expense ratios and current holdings before buying — both change; the fund pages publish them daily.
- Mind concentration: because screens remove banks and heavily-leveraged firms, halal funds tilt hard toward tech. If you hold SPUS and SPTE and individual tech stocks, your real exposure may be far more concentrated than it looks.
See your real concentration across all of it
Penny tracks your ETFs, stocks, gold, and retirement accounts in one portfolio, screens your individual stocks against AAOIFI-style rules, and warns you when concentration creeps up. Zakat and purification are built in.
Download Penny for iOSRelated: Is investing haram? The screening framework explained · Free zakat calculator
Educational content, not investment advice or a fatwa. Fund details (holdings, expense ratios, methodologies) change — verify on the issuer's site before investing. We hold no position in and receive no compensation from any fund listed.