Is SP Funds S&P Global REIT Sharia (SPRE) Stock Halal or Haram?
SP Funds S&P Global REIT Sharia (SPRE) - Halal (Shariah-Compliant)
SP Funds S&P Global REIT Sharia (SPRE) is classified as Halal (Shariah-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
Sector
ETF
Industry
Exchange-Traded Fund
Result
Pass
Reason
SPRE is a known Shariah-compliant ETF.
Financial Ratios
Dividend Purification
Purification percentage: 0.00%.Islamic ETFs are managed to exclude non-permissible income. Purification is handled at the fund level.
About SP Funds S&P Global REIT Sharia
The index includes all REIT securities listed in developed and emerging markets and included as constituents of the S&P Global BMI Shariah Index, a comprehensive global Sharia-compliant index of publicly-traded equity securities. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.
Frequently Asked Questions
Is SP Funds S&P Global REIT Sharia (SPRE) stock halal to invest in?
According to AAOIFI Shariah screening standards, SP Funds S&P Global REIT Sharia (SPRE) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does SP Funds S&P Global REIT Sharia have any interest income?
Interest income data for SP Funds S&P Global REIT Sharia is factored into the financial ratio screening under AAOIFI standards.
What guidelines are used to determine if SPRE stock is Shariah-compliant?
SPRE is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is SP Funds S&P Global REIT Sharia stock reviewed for Shariah compliance?
Islamic ETFs are managed to exclude non-permissible income. Purification is handled at the fund level.
About SP Funds S&P Global REIT Sharia
The index includes all REIT securities listed in developed and emerging markets and included as constituents of the S&P Global BMI Shariah Index, a comprehensive global Sharia-compliant index of publicly-traded equity securities. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.
NYSEARCAETF
Screened using AAOIFI Standard No. 21 on October 20, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on Mar 12, 2026. We started recording changes on Oct 19, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, SP Funds S&P Global REIT Sharia (SPRE) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Interest income data for SP Funds S&P Global REIT Sharia is factored into the financial ratio screening under AAOIFI standards.
SPRE is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
SP Funds S&P Global REIT Sharia's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
You can save SPRE to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Dividends from SP Funds S&P Global REIT Sharia require purification. Approximately 0.00% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
SP Funds S&P Global REIT Sharia's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on SP Funds S&P Global REIT Sharia's compliance status?
You can save SPRE to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Are dividends from SP Funds S&P Global REIT Sharia stock considered halal?
Dividends from SP Funds S&P Global REIT Sharia require purification. Approximately 0.00% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Do I need to pay Zakat on my SP Funds S&P Global REIT Sharia shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
