Halal Finance

SPUS — SP Funds S&P 500 Sharia Industry Exclusions ETF

US equity (large cap) from SP Funds, 0.45% MER. What it tracks, who certifies it, what it holds, and how a Canadian actually buys it.

Fund facts

Figures as of July 18, 2026 (fee data July 6, 2026); fee confirmed on the provider’s own page.

Provider
SP Funds
Type
US equity (large cap)
Listing
NYSE Arca · USD
MER
0.45%
Inception
2019-12-17
Distributions
Monthly
Dist. yield
0.43% (SEC 30-day)

What it tracks & who certifies it

AAOIFI, tracks the S&P 500 Shariah Industry Exclusions Index (roughly 200 of the S&P 500).

Top holdings

A dated snapshot (as of July 18, 2026); the official fund page always carries the live, complete list.

How Canadians buy SPUS

USD via a US exchange, any Canadian broker with US market access; RRSP gets the treaty withholding exemption.

Largest halal ETF (about $2B in assets). Fee verified on sp-funds.com. The most popular US-equity core holding among Canadian halal investors.

Official fund page — live price & full holdings →

Compare SPUS against every halal ETF (fees on your amount) →

Common questions

Is SPUS Shariah-compliant (halal)?

SPUS is screened as follows: AAOIFI, tracks the S&P 500 Shariah Industry Exclusions Index (roughly 200 of the S&P 500). Screening standards differ between index families — verify the methodology against the standard you follow before investing.

What does SPUS cost per year?

The management expense ratio is 0.45% per year — about $45 annually on a $10,000 holding, deducted inside the fund rather than billed to you.

Can Canadians hold SPUS 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.

Educational information, not investment advice and not a fatwa. Holdings, yields and fees are dated snapshots that change; always confirm on the official fund page and verify the Shariah screening against the standard you follow. Questions or stale numbers? [email protected].