SPSK: SP Funds Dow Jones Global Sukuk ETF
Sukuk fixed income (global, USD-denominated investment grade) from SP Funds, 0.50% MER, bought in USD on a US exchange.
Fund facts
Figures as of July 17, 2026 (fee data November 1, 2026); fee confirmed on the provider’s own page.
- Provider
- SP Funds
- Type
- Sukuk fixed income (global, USD-denominated investment grade)
- Listing
- NYSE Arca · USD
- MER
- 0.50%
- Inception
- December 2019
- Holdings
- 171
- Distributions
- Monthly
- Dist. yield
- 4.41% (SEC 30-day)
What it tracks & who certifies it
AAOIFI, tracks the Dow Jones Sukuk Total Return Index.
Top holdings
A dated snapshot (as of July 17, 2026); the official fund page always carries the live, complete list. These 8 holdings are 12.5% of the fund, out of 171 in total.
- KSA Ijarah Sukuk Ltd 4.875% 20351.83%
- KSA Sukuk Ltd 4.274% 20291.70%
- KSA Sukuk Ltd 4.511% 20331.67%
- Global Sukuk Ventures 4.25% 20351.67%
- SA Global Sukuk Ltd 2.694% 20311.54%
- KSA Sukuk Ltd 5.268% 20281.42%
- SUCI Second Investment Co 6% 20281.33%
- KSA Sukuk Ltd 2.969% 20291.32%
A diversified sukuk book, with the largest single issue under 2%. Saudi sovereign-linked issuers dominate the top of the index.
How Canadians buy SPSK
USD via a US exchange, the main sukuk (halal bond substitute) option for Canadian brokerage accounts.
About US$481M in assets (sp-funds.com); fee 0.50% per the March 2026 prospectus. Fills the fixed-income sleeve of a halal portfolio; low volatility, low return profile.
Official fund page: live price & full holdings →
Compare SPSK against every halal ETF (fees on your amount) →
Common questions
Is SPSK Shariah-compliant (halal)?
SPSK is screened as follows: AAOIFI, tracks the Dow Jones Sukuk Total Return Index. Screening standards differ between index families, so verify the methodology against the standard you follow before investing.
What does SPSK cost per year?
The management expense ratio is 0.50% per year: about $50 annually on a $10,000 holding, deducted inside the fund rather than billed to you.
Can Canadians hold SPSK in a TFSA or RRSP?
Yes, in registered accounts at any Canadian broker with US-market access. In an RRSP the Canada–US treaty waives the 15% US withholding tax on distributions; a TFSA, FHSA or RESP gets no treaty relief, so 15% comes off every distribution.