Is SPRE (SP Funds Dow Jones Global Sukuk ETF) halal?

Q: Is SPRE (SP Funds Dow Jones Global Sukuk ETF) halal?

HALAL: Sukuk ETF — Islamic bonds that comply with Sharia. SPRE invests in global sukuk (Islamic bonds) that comply with Sharia. Sukuk use profit-sharing structures instead of interest, making them permissible.

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SPRE

SP Funds Dow Jones Global Sukuk ETF

HALAL

Score: 96/100

etf

Is SPRE Halal?

Sukuk ETF — Islamic bonds that comply with Sharia.

What You Should Know

SPRE invests in global sukuk (Islamic bonds) that comply with Sharia. Sukuk use profit-sharing structures instead of interest, making them permissible.

⚠️ Concerns

•Some sukuk structures are debated (tawarruq)

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