SPSK — SP Funds Dow Jones Global Sukuk ETF
Sukuk fixed income (global, USD-denominated investment grade) from SP Funds, 0.50% MER. What it tracks, who certifies it, what it holds, and how a Canadian actually buys it.
Fund facts
Figures as of July 17, 2026 (fee data July 6, 2026); fee confirmed on the provider’s own page.
- Provider
- SP Funds
- Type
- Sukuk fixed income (global, USD-denominated investment grade)
- Listing
- NYSE Arca · USD
- MER
- 0.50%
- Inception
- December 2019
- Holdings
- 171
- Distributions
- Monthly
- Dist. yield
- 4.41% (SEC 30-day)
What it tracks & who certifies it
AAOIFI, tracks the Dow Jones Sukuk Total Return Index.
Top holdings
A dated snapshot (as of July 17, 2026); the official fund page always carries the live, complete list.
- KSA Ijarah Sukuk Ltd 4.875% 20351.83%
- KSA Sukuk Ltd 4.274% 20291.70%
- KSA Sukuk Ltd 4.511% 20331.67%
- Global Sukuk Ventures 4.25% 20351.67%
- SA Global Sukuk Ltd 2.694% 20311.54%
- KSA Sukuk Ltd 5.268% 20281.42%
- SUCI Second Investment Co 6% 20281.33%
- KSA Sukuk Ltd 2.969% 20291.32%
A diversified sukuk book — the largest single issue is under 2%. Saudi sovereign-linked issuers dominate the top of the index.
How Canadians buy SPSK
USD via a US exchange, the main sukuk (halal bond substitute) option for Canadian brokerage accounts.
About $460M in assets; fee verified on sp-funds.com. Fills the fixed-income sleeve of a halal portfolio; low volatility, low return profile.
Official fund page — live price & full holdings →
Compare SPSK against every halal ETF (fees on your amount) →
Common questions
Is SPSK Shariah-compliant (halal)?
SPSK is screened as follows: AAOIFI, tracks the Dow Jones Sukuk Total Return Index. Screening standards differ between index families — verify the methodology against the standard you follow before investing.
What does SPSK cost per year?
The management expense ratio is 0.50% per year — about $50 annually on a $10,000 holding, deducted inside the fund rather than billed to you.
Can Canadians hold SPSK in a TFSA or RRSP?
Yes, in registered accounts at any Canadian broker with US-market access. In an RRSP the Canada–US treaty waives the 15% US withholding tax on distributions; a TFSA, FHSA or RESP gets no treaty relief, so 15% comes off every distribution.