Yes. SPTE is a halal ETF offering focused exposure to the global technology sector. Every constituent is screened under AAOIFI principles before entering the index the fund tracks, which excludes companies engaged in non-permissible business activities and removes those carrying high leverage. Technology is one of the sectors where Shariah compliant stocks are most abundant, because software and hardware businesses typically avoid the interest-based revenue models that disqualify conventional financial firms. As of 31 March 2026 the index held 102 companies across 14 countries. SPTE is listed on NYSE and available to trade on Tabadulat.

Is SPTE Shariah compliant, and who certifies it?

SPTE is structured to comply with Islamic law and follows AAOIFI principles, the standards most widely used across the Islamic finance industry. Compliance operates at two levels: business activity screening excludes companies whose operations are not permissible, and financial screening removes companies with high leverage relative to market capitalisation. Both filters are applied when the index is constructed, so eligibility is determined by published methodology rather than by the fund manager's discretion. Because SPTE passively replicates that index, its compliance is systematic and repeatable, and constituents are reassessed whenever the index is rebalanced.

What does SPTE invest in?

SPTE invests exclusively in global technology equities that meet Shariah requirements. It is a sector fund rather than a broad market product, holding companies classified under Information Technology by GICS within the S&P Global 1200 Shariah universe. The portfolio spans e-commerce, cloud computing, semiconductors and healthcare technology, with holdings across the United States, Taiwan, the Netherlands, Japan, Germany and Canada. As of 31 March 2026 the index contained 102 constituents from 14 countries with a weighted average market capitalisation near 1.55 trillion US dollars, indicating a concentration in very large global technology firms alongside mid-cap names.

What index does SPTE track?

SPTE tracks the S&P Global 1200 Shariah Information Technology (Sector) Capped Index. The index selects Shariah compliant companies from the S&P Global 1200 universe, filters to the Information Technology sector using GICS classification for consistent global comparability, then applies capping rules that limit how much weight any single holding can carry. That capping matters in technology, where a handful of mega-cap companies would otherwise dominate the entire portfolio. The result is a benchmark reflecting global technology companies meeting Islamic investment requirements with improved diversification. SPTE replicates the index by holding the same or substantially similar securities in corresponding weights.

Does SPTE require dividend purification?

Yes. Technology companies typically hold large cash reserves, which can earn interest, so even fully screened holdings may generate small amounts of non-permissible income. Purification addresses this by identifying that portion and donating it to charity rather than keeping it. SP Funds applies purification methodology across its Shariah ETF range as part of the wider AAOIFI compliance framework. The amounts involved are generally small relative to overall returns, but the process is a required part of Shariah compliant investing, not an optional extra, and it is what allows dividend income from the fund to be treated as fully purified.

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SP Funds Global Technology ETF (SPTE)

SPTE

Shariah-Compliant

SPTE

About SP Funds Global Technology ETF (SPTE)

The SP Funds S&P Global Technology ETF (SPTE) is a Shariah compliant exchange-traded fund tracking the S&P Global 1200 Shariah Information Technology (Sector) Capped Index. It provides exposure to global technology companies that comply with Islamic law, drawn from the information technology sector as classified by GICS within the S&P Global 1200 Shariah universe. As of 31 March 2026 the index held 102 constituents from 14 countries, with a weighted average market capitalisation of approximately 1.55 trillion US dollars. Holdings span the United States, Taiwan, the Netherlands, Japan, Germany and Canada, covering e-commerce, cloud computing and healthcare technology. SPTE is listed on NYSE, follows AAOIFI principles, screens out high-leverage companies and is passively managed.

Website:

https://www.sp-funds.com/spte/

Frequently asked questions

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Step 1

Open your account.

Sign up in minutes, verify your identity, and fund your account by secure transfer in the currency you hold. There is no minimum portfolio size and no separate subscription for Shariah screening, so you can start investing in halal stocks and ETFs the same day.

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Step 2

Compare Shariah compliant ETFs.

Open SPTE in the app to see its 102 technology holdings across 14 countries and how concentrated the fund is by design. You can view it side by side with broader halal ETFs and individual Shariah compliant stocks listed on the platform.

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Buy SPTE in whole or fractional amounts with real-time pricing, then watch it in your portfolio next to everything else you hold. Tabadulat monitors Shariah compliance continuously and alerts you if anything changes, and you can withdraw at any time.

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