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US equity · facts verified July 11, 2026

Is SPWI Halal? SPWI ETF Review

Wahed S&P 500 Shariah UCITS ETF

The short answer

SPWI is marketed as a Shariah-compliant ETF by Wahed. It uses s&p shariah methodology with wahed shariah oversight and provides shariah-screened companies from the s&p 500. Investors should verify the latest issuer documents and seek scholar review for their circumstances.

SPWI key facts

Full name
Wahed S&P 500 Shariah UCITS ETF
Issuer
Wahed
Exchange
London Stock Exchange
Domicile
Ireland
Exposure
Shariah-screened companies from the S&P 500
Index / approach
S&P 500 Shariah Index
Expense ratio
0.49%
Income treatment
Accumulating

What SPWI owns

SPWI brings Wahed's halal ETF offering into an Irish UCITS wrapper. It targets the US large-cap market and accumulates income, making it structurally different from Wahed's US-domiciled HLAL fund.

Where it can fit

A US equity core for UK and European investors seeking a Wahed UCITS product.

A fund's role is more important than its ticker: compare geographic coverage, asset class, concentration, income treatment, tax domicile, and trading access before combining ETFs.

Shariah screening

S&P Shariah methodology with Wahed Shariah oversight. The fund issuer is responsible for its stated methodology and governance. Compliance can change as holdings, company finances, index rules, and scholarly judgments change.

Why investors consider SPWI

  • UCITS structure for non-US brokerage accounts
  • Accumulating income treatment
  • Direct S&P 500 Shariah benchmark exposure

Risks and trade-offs

  • Launched in 2026, so trading history and liquidity are limited
  • US large-cap and technology concentration remain
  • Its fee is above several passive UCITS alternatives

Verify the primary source

Fund details can change after our July 11, 2026 review. Confirm the latest prospectus, fee, holdings, distribution policy, Shariah certificate, and exchange line with the issuer.

Wahed — SPWI fund page

SPWI frequently asked questions

Is SPWI halal?

SPWI is marketed as a Shariah-compliant ETF by Wahed. It uses s&p shariah methodology with wahed shariah oversight and provides shariah-screened companies from the s&p 500. Investors should verify the latest issuer documents and seek scholar review for their circumstances.

What does SPWI invest in?

SPWI provides shariah-screened companies from the s&p 500. Its benchmark or approach is S&P 500 Shariah Index.

What is the SPWI expense ratio?

The issuer materials reviewed on July 11, 2026 list 0.49%. Verify the current figure before investing because fees can change.

What role can SPWI play in a halal portfolio?

A US equity core for UK and European investors seeking a Wahed UCITS product.

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Disclaimer: This automates AAOIFI screening but cannot replace scholar review. This profile is educational, not financial, tax, or religious advice. Fund inclusion is not a recommendation; verify current documents with the issuer.