Sharia-screened equity funds and a global sukuk fund, grouped by the job each one does — screened core, outside the US, income, and sector tilts.
Newsletter
Markets in your inbox, weekly
Gulf-focused analysis, investing ideas, and the week in finance.
A familiar US index with the Sharia screens applied: no conventional banks or insurers, no alcohol, gambling, tobacco, weapons or adult industries, plus limits on debt and interest income.
SPUS, HLAL
The same screening logic applied to companies listed outside the US, so a portfolio is not one country deep. Screened funds skew US-heavy by default; this is the counterweight.
UMMA, SPWO
The fixed-income sleeve without riba. Sukuk pay a share of the rent or profit from identified assets rather than interest on a loan, and screen much like bonds on yield.
SPSK
Screened exposure to a single theme: global technology, or property through Sharia-compliant REITs. Satellite positions around a core, not the base of a portfolio.
SPTE, SPRE
A familiar US index, run through the Sharia screens. The natural first holding.
The same screens applied beyond one market. Screened funds skew US-heavy without this.
Income from asset returns rather than interest. The fixed-income sleeve of a halal portfolio.
Screened technology and property. Satellites around a core, not a substitute for one.
Screened is not the same as certified for you
Every fund here follows a published methodology and a named Sharia supervisory board, but boards differ on exactly where the debt and interest-income thresholds sit, so two funds can both call themselves compliant and still hold different companies. Screens are also re-run periodically, which means a holding can pass this quarter and fail the next. Most screened funds publish a purification ratio — the small share of income treated as non-permissible, which the holder is expected to give away. Treat this page as education, not as a ruling: if compliance matters to you at the level of a specific holding, read the fund's own methodology and follow the view you trust.
Screened core, outside the US, sukuk, and sector tilts, compared.
Regulated platforms available in your country. Data from our broker comparison.
A UAE-born wealth app combining automated investing, self-directed US stock trading and a high-yield cash account — ADGM FSRA-regulated, built for first-time and passive investors.
A regulated multi-asset broker offering commission-free stocks and ETFs up to a monthly threshold, plus CFDs, via the award-winning xStation app — DFSA-regulated in the DIFC.
A Danish investment bank offering premium multi-asset access to global markets, served to UAE investors cross-border from its regulated European entity.
A global multi-asset platform known for social and copy trading, giving UAE investors access to real stocks, ETFs and crypto — regulated locally by the ADGM FSRA.
A published screen and a named board
Every fund follows a documented Sharia methodology — business-activity exclusions plus financial-ratio limits — overseen by a named supervisory board, rather than a marketing label.
Four jobs covered
Screened core, exposure outside the US, sukuk income, and sector tilts. Each does something the others cannot, which is what makes the set usable as a portfolio rather than a list.
Actually reachable
All are US-listed and served by our market data, so a Gulf investor can see live pricing here and buy them through an international brokerage account.
Cost stated plainly
Screened funds cost more than unscreened ones. We show each fund's live expense ratio rather than hiding the premium in the copy.
Enough scale to trade
We favoured funds with a track record and enough assets to trade at reasonable spreads, and left out compliant funds too small or too thinly traded to hold comfortably.
You don't need to understand blockchain to start. Here are 8 proven cryptocurrencies, and the only two you actually need to begin.
Build a reliable income stream with these high-yielding, diversified ETFs. Three strategies compared.