Compare Halal ETFs for Your Portfolio
Start with the exposure you need, then compare fund structure, fees, holdings, and purification guidance. There is no single best ETF for everyone.
Compare SPUS, HLAL, UMMA and SPSK
Expense ratios shown on issuer pages checked September 5, 2026. These are annual fund expenses, not brokerage fees or trading spreads; verify the current prospectus before investing.
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| ETF | Exposure | Expense ratio | Key research question |
|---|---|---|---|
| SPUS | U.S. screened equities | 0.45% | How concentrated are the holdings and sectors? |
| HLAL | U.S. screened equities | 0.50% | How much does it overlap with stocks you already own? |
| UMMA | Non-U.S. developed and emerging-market equities | 0.65% | What country, currency and emerging-market risks does it add? |
| SPSK | Global sukuk | 0.50% | What are the credit, duration and distribution risks? |
SPUS vs HLAL
SPUS is issued by SP Funds and is designed around Shariah-compliant U.S. equity exposure. HLAL is Wahed’s U.S. Shariah ETF tied to the FTSE USA Shariah Index.
Both can work as a core holding, but they can differ in index construction, concentration, rebalance behavior, fees, and top holdings. Do not pick only by recent return; check overlap, sector concentration, and whether you already own the same large-cap names directly.
Do halal ETFs still need purification?
Often, yes. A fund can be Shariah-screened and still receive small amounts of non-compliant income from holdings. Some fund managers publish purification information or handle purification at the fund level; others leave it to the investor.
Read the fund documents and current Shariah reports. If the ETF does not provide enough purification detail, use a qualified scholar or screening service before relying on it for long-term holdings.
How HalalSignalz uses ETF pages
The ETF passlist is built for research and watchlist construction. It links ETF candidates to detail pages, movement context, and free-account watchlist workflows.
HalalSignalz does not treat ETF passlist inclusion as a buy signal. ETF price movement is separate from a halal verdict, and every investment still needs risk review.
SPUS chart
Review price and volume separately from the fund's screening and holdings.
View SPUS live chartHLAL chart
Review price and volume separately from the fund's screening and holdings.
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Scholarly Review Note
This article is educational and should be reviewed against your preferred Shariah authority before relying on it for investment use. HalalSignalz is not a broker, custodian, fund, tax advisor, or fatwa authority.
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FAQ
What is the best halal ETF in 2026?
There is no single best ETF for every investor. SPUS and HLAL are common U.S. equity cores, UMMA adds global exposure, SPSK provides sukuk exposure, and other ETFs may fit specific roles such as REITs or gold.
Are SPUS and HLAL halal?
Both are marketed as Shariah-compliant ETFs and use Islamic screening frameworks. Investors should still review current fund documents, holdings, fees, and purification guidance.
Are sukuk ETFs the same as bond ETFs?
No. Sukuk are structured around ownership or beneficial interests in assets or projects, while conventional bonds are debt instruments with interest. Review each sukuk fund structure before investing.