Is XLB (Materials Select Sector SPDR Fund) halal?

Q: Is XLB (Materials Select Sector SPDR Fund) halal?

HALAL: Materials sector — mining and chemicals are generally permissible. XLB holds materials companies (mining, chemicals, packaging). Core business generally permissible. Not specifically Sharia-screened.

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XLB

Materials Select Sector SPDR Fund

HALAL

Score: 72/100

etf

Is XLB Halal?

Materials sector — mining and chemicals are generally permissible.

What You Should Know

XLB holds materials companies (mining, chemicals, packaging). Core business generally permissible. Not specifically Sharia-screened.

⚠️ Concerns

•Not Sharia-screened
•Some interest income across holdings

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