SPSK

fantasyfootball1234

It appears that most gold etf such as (GLD) would not be considered compliant with AAOIFI standards. iShares MSCI World Islamic (ISWD) is a global equity market cap weighted index fund that screens companies for being Shariah-compliant SP Funds Dow Jones Global Sukuk ETF (SPSK) holds Islamic Bonds that are structured to avoid interest. Provided that a REIT doesn’t use excessively high leverage, rental income from most publicly traded REITs would be considered Shariah compliant because 1) it’s payment for usufruct (use of an asset) and 2) doesn’t accrue interest.

ProfitableFrontier

VT - it's the world Vnqi - land abroad Vnq - land in the US SPSK - Sukkuk as a bond alternative PK - Yolo'ed some money into it a few years ago

greytoc

What kind of religious reasons? If you are asking about Sharia-compliance - you can look at Sukuk certificates. I am assuming you are in the US since you mentioned VOO - so something like SPSK may meet your requirements.

Awkward_Resolve_9511

None of these compare to that notorious SPSK sub

greytoc

I am assuming that you are seeking Shariah compliant investments. There are several Shariah compliant investments which are available including a Shariah compliant indices from S&P Dow Jones - [https://www.spglobal.com/spdji/en/index-family/equity/shariah](https://www.spglobal.com/spdji/en/index-family/equity/shariah) The $SPUS ETF can provide exposure to US large cap stocks. For Boglehead based investing - there are suggestions for constructing a Shariah compliant Boglehead portfolio here - [https://www.bogleheads.org/wiki/Sharia\_investing\_for\_US\_investors](https://www.bogleheads.org/wiki/Sharia_investing_for_US_investors) There are some other Shariah compliant funds available which can provide broader exposure such as $HLAL and $UMMA. [https://funds.wahedinvest.com/](https://funds.wahedinvest.com/) [https://umma.wahedinvest.com/](https://umma.wahedinvest.com/) SPFunds also offers a REIT. For mutual funds - there is an actively managed Shariah fund - [https://investaaa.com/](https://investaaa.com/) There are also Sukuk bonds for the fixed income portion of a diversified portfolio. For example - SPFunds - SPSK. This investment manager also offers Sukuk bond mutual funds - [https://www.saturna.com/amana/participation-fund](https://www.saturna.com/amana/participation-fund) Lastly - for generating cash yield without interest - it may be possible to use box spreads - although more research is required to determine if it is considered Halal. You can also find a subreddit for Halal investing here - [](https://www.reddit.com/r/HalalInvestor).

greytoc

I am guessing that you may be Muslim. If so - how strict are you with Shariah compliant investments? I am asking because I don't believe that SPY is considered halal. If you wish to invest only in Shariah compliant funds - There are several Shariah compliant products which are available including a Shariah compliant indices from S&P Dow Jones - [https://www.spglobal.com/spdji/en/index-family/equity/shariah](https://www.spglobal.com/spdji/en/index-family/equity/shariah) The $SPUS ETF can provide exposure to US large cap stocks. For Boglehead based investing - there are suggestions for constructing a Shariah compliant Boglehead portfolio here - [https://www.bogleheads.org/wiki/Sharia\_investing\_for\_US\_investors](https://www.bogleheads.org/wiki/Sharia_investing_for_US_investors) There are some other Shariah compliant funds available which can provide broader exposure such as $HLAL and $UMMA. [https://funds.wahedinvest.com/](https://funds.wahedinvest.com/) [https://umma.wahedinvest.com/](https://umma.wahedinvest.com/) SPFunds also offers a REIT. For mutual funds - there is an actively managed Shariah fund - [https://investaaa.com/](https://investaaa.com/) There are also Sukuk bonds for the fixed income portion of a diversified portfolio. For example - SPFunds - SPSK. This investment manager also offers Sukuk bond mutual funds - [https://www.saturna.com/amana/participation-fund](https://www.saturna.com/amana/participation-fund) A subreddit for Halal investing can be found here - [](https://www.reddit.com/r/HalalInvestor).

greytoc

There are several Shariah compliant products which are available. The $SPUS ETF will only give you exposure to US large cap stocks. If you are familiar with the Boglehead philosophy of investing - there are suggestions for constructing a Shariah compliant Boglehead portfolio here - [https://www.bogleheads.org/wiki/Sharia\_investing\_for\_US\_investors](https://www.bogleheads.org/wiki/Sharia_investing_for_US_investors) There are some other Shariah compliant funds available which can give you broader exposure such as $HLAL and $UMMA. [https://funds.wahedinvest.com/](https://funds.wahedinvest.com/) [https://umma.wahedinvest.com/](https://umma.wahedinvest.com/) SPFunds also offers a REIT. If you want to use a mutual fund - there is an actively managed Shariah fund - [https://investaaa.com/](https://investaaa.com/) \- but the expense ratio is a bit higher. There are also Sukuk bonds for the fixed income portion of a diversified portfolio. I am only aware of one Sukuk bond ETF which is also from SPFunds - SPSK. This investment manager offers Sukuk bond mutual funds - [https://www.saturna.com/amana/participation-fund](https://www.saturna.com/amana/participation-fund) Lastly - for generating cash yield without interest - you may be able to use box spreads - although I do not know if they are considered halal. You may also want to check out r/HalalInvestor.

greytoc

The $SPUS ETF will only give you exposure to US large cap stocks. You may have seen discussions in this subreddit and above in the wiki on considering a diversified portfolio - sometimes commonly referred to as a Boglehead portfolio. There are suggestions for constructing a Shariah compliant portfolio here - [https://www.bogleheads.org/wiki/Sharia\_investing\_for\_US\_investors](https://www.bogleheads.org/wiki/Sharia_investing_for_US_investors) There are some other Shariah compliant funds available which can give you broader exposure such as $HLAL and $UMMA [https://funds.wahedinvest.com/](https://funds.wahedinvest.com/) [https://umma.wahedinvest.com/](https://umma.wahedinvest.com/) You may have also noticed that SPFunds offers a REIT. If you want to use a mutual fund - there is an actively managed Shariah fund - [https://investaaa.com/](https://investaaa.com/) \- but the expense ratio is a bit higher. There are also Sukuk bonds for the fixed income portion of a diversified portfolio. I am only aware of one Sukuk bond ETF which is also from SPFunds - SPSK. This investment manager offers Sukuk bond mutual funds - [https://www.saturna.com/amana/participation-fund](https://www.saturna.com/amana/participation-fund)