XLY
Consumer Discretionary Select Sector SPDR
Is XLY Halal?
Consumer discretionary — includes Amazon, McDonald's, and Disney.
What You Should Know
XLY is not screened. State Street's 13 July 2026 holdings included Amazon, Tesla, Home Depot, McDonald's and hospitality companies; current weights and constituents can change.
⚠️ Concerns
- •Mixed consumer and hospitality activities
- •McDonald's and hospitality exposure
- •Not Sharia-screened
- •Holdings change over time
Current quantitative Sharia screen
Based on Daily issuer holdings and assets-under-management page figures for the period ended 2026-07-13; calculated 2026-07-14.
0 / 22,457.63
0 / 22,457.63
0 / 22,457.63
- Financial
- Incomplete
- Overall
- Incomplete
Reported fund-level proxy ratios are below the examined asset limits, but a comparable prohibited-income numerator is unavailable.
- Financial
- Pass
- Overall
- Incomplete
The available fund-level proxy ratios are below the examined MSCI asset limits; the underlying portfolio has no universal prohibited-income classification.
- Financial
- Pass
- Overall
- Incomplete
The available fund-level proxy ratios are below the examined Malaysia limits; look-through activity remains incomplete.
- Financial
- Not calculated
- Overall
- Incomplete
A licensed historical market-cap series and fund-level prohibited-income convention are not stored.
Business-activity disclosure
XLY is a conventional consumer-discretionary sector ETF with mixed underlying activities. It is not Sharia-screened, and its portfolio changes over time.
Limitation: The issuer discloses current holdings and industry weights but no universal prohibited-revenue allocation across every underlying issuer.
Purification
XLY passes through distributions from underlying issuers; no scholar-approved purification percentage is disclosed.
Inputs, assumptions and primary sources
- State Street reported USD 22,457.63 million in assets under management as of 8 July 2026.
- On 13 July 2026 the fund's largest holdings were Amazon 23.32%, Tesla 18.64%, Home Depot 5.63%, McDonald's 4.24% and TJX 3.94%; hotels, restaurants and leisure were 25.51% of the portfolio.
- The issuer page does not provide a school-neutral prohibited-revenue allocation or fund-level debt, cash and receivable lines; zeroes mean not separately reported, not that every underlying issuer has zero exposure.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
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