13 ETFs · $4.7B+ AUM · Updated March 2026

Shariah-Compliant ETFs

Compare 13 halal ETFs across US equity, global markets, tech sector, real estate, and sukuk — screening methodology, fees, holdings, and portfolio fit.

13 ETFs analyzed
$4.7B+ combined AUM
0.30%–0.75% fees

All Shariah-Compliant ETFs

Every major halal ETF for US and European investors. Data from official fund providers as of early 2026.

IGDAGlobal Developed

Invesco Dow Jones Islamic Global Developed Markets UCITS

Expense
0.40%
AUM
$1.13B
S&P Dow Jones Shariah Board

Largest halal ETF globally — core global allocation

View Review
ISWDGlobal Developed

iShares MSCI World Islamic UCITS

Expense
0.30%
AUM
$936M
MSCI Shariah Advisory Committee

Lowest-cost global halal ETF — since 2007

View Review
HLALUS Large & Mid Cap

Wahed FTSE USA Shariah ETF

Expense
0.50%
AUM
$727M
Yasaar Limited (4 audits/yr)

US equity with mid-cap tilt — 199 holdings, FTSE methodology

View Review
SPSKGlobal Sukuk

SP Funds Dow Jones Global Sukuk ETF

Expense
0.55%
AUM
$487M
SP Funds Shariah Board

Only US-listed sukuk ETF — 1,084 certificates, monthly income

View Review
ISDEEmerging Markets

iShares MSCI EM Islamic UCITS ETF

Expense
0.35%
AUM
$445M
MSCI Shariah Advisory Committee

EM exposure — Korea 31%, India 19%, China 12%

View Review
WSHRGlobal (Quality + Low Vol)

Wealthsimple Shariah World Equity Index ETF

Expense
0.50%
AUM
$342M CAD
Rating Intelligence Partners

Canadian investors — NEO-listed, quality + low-volatility strategy

View Review
UMMAGlobal ex-US

Wahed Dow Jones Islamic World ETF

Expense
0.65%
AUM
$199M
Wahed Internal Board

International diversification — 95 stocks, 21 countries

View Review
SPREGlobal Real Estate

SP Funds S&P Global REIT Sharia ETF

Expense
0.55%
AUM
$199M
SP Funds Shariah Board

Only halal REIT ETF — 33 REITs, 4.15% yield, monthly income

View Review
SPUSUS Large Cap

SP Funds S&P 500 Sharia Industry Exclusions ETF

Expense
0.45%
AUM
$178M
SP Funds Shariah Board

S&P 500 Shariah-screened — 230-280 stocks, CAGR 16.91%

View Review
SPWOInternational (50% DM / 50% EM)

SP Funds S&P World (ex-US) ETF

Expense
0.49%
AUM
$45M
SP Funds Shariah Board

International diversification — balanced DM/EM ex-US allocation

View Review
AMALGlobal Active

Saturna Al-Kawthar Global Focused Equity UCITS ETF

Expense
0.75%
AUM
$17M
Saturna Capital (ESG + Shariah)

Actively managed — 42 stocks, Shariah + ESG, +45.77% since inception

View Review
MNZLUS Large & Mid Cap

Manzil Russell Halal USA Broad Market ETF

Expense
0.40%
AUM
$4.6M
AAOIFI + AFSC dual screening

Newest US halal ETF — AAOIFI + human rights screening

View Review
SPTEGlobal Tech

SP Funds S&P Global Technology ETF

Expense
0.55%
AUM
~$50M
SP Funds Shariah Board

Shariah-compliant tech sector exposure

View Review

For informational purposes only. Not investment advice. AUM figures approximate. Shariah status subject to change.

Screen halal stocks in real-time

Run AAOIFI, DJIM, and S&P Shariah screens on 5,000+ stocks. Full methodology transparency, updated quarterly.

NOT HALAL
VOO · SPY · VTI

Is VOO halal? No — here's why.

VOO, SPY, and VTI track unscreened indices with ~13% exposure to conventional banks and insurance (riba), plus defense and alcohol holdings. They are not certified by any Islamic supervisory board.

Halal Alternative
SPUS
S&P 500 Shariah · 0.45% · $178M
View SPUS

Side-by-Side Comparison

All data sourced from SP Funds, Wahed Invest, and iShares. Verify with official providers for current figures.

ETFGeographyAUMExpense
IGDAGlobal Developed$1.13B0.40%
ISWDGlobal Developed$936M0.30%
HLALUS Large & Mid Cap$727M0.50%
SPSKGlobal Sukuk$487M0.55%
ISDEEmerging Markets$445M0.35%
WSHRGlobal (Quality + Low Vol)$342M CAD0.50%
UMMAGlobal ex-US$199M0.65%
SPREGlobal Real Estate$199M0.55%
SPUSUS Large Cap$178M0.45%
SPWOInternational (50% DM / 50% EM)$45M0.49%
AMALGlobal Active$17M0.75%
MNZLUS Large & Mid Cap$4.6M0.40%
SPTEGlobal Tech~$50M0.55%

Past performance is not indicative of future results. For informational purposes only.

Portfolio Construction

Sample Halal Portfolios

Illustrative templates only — not investment recommendations. Consult a qualified financial advisor.

Conservative

Capital Preservation

SPSK
50%
SPUS
30%
ISWD
20%

Balanced

Growth + Income

SPUS
50%
SPWO
20%
ISWD
15%
SPRE
15%

Growth

Long-Term Appreciation

SPUS
70%
IGDA
20%
UMMA
10%

Build your halal portfolio

Screen individual stocks with real-time Shariah compliance data

FAQ

Common Questions

Straight answers on halal ETF screening, fees, and portfolio construction.

A Shariah-compliant ETF holds only companies passing Islamic screening — both a business activity screen (excluding banking, alcohol, gambling) and financial ratio screens (limiting debt and interest-bearing assets). Each ETF is certified by a Shariah supervisory board.

Disclaimer: The information on Halal Terminal is for educational and informational purposes only. It does not constitute investment advice, a solicitation, or a recommendation to buy or sell any financial instrument. Past performance is not indicative of future results. Always consult a qualified financial advisor before making investment decisions. Shariah compliance determinations are based on publicly available screening methodologies and may change over time — always verify with your Shariah advisor or the ETF's Shariah Supervisory Board.