The SP Funds S&P Global REIT Sharia ETF offers global real estate investment adhering to Sharia-compliant principles, appealing to ethical and faith-based investors. SPRE's portfolio includes top REITs like Equinix and Prologis, focusing on data centers, industrial logistics, and residential properties, mainly in North America. Compared to other global REIT ETFs, SPRE's Sharia compliance results in lower debt and exclusion of non-permissible activities, potentially enhancing resilience during economic downturns.
![]() SPRE 4 days ago | Other | $0.07 Per Share |
![]() SPRE 1 month ago Paid | Monthly | $0.07 Per Share |
![]() SPRE 2 months ago Paid | Monthly | $0.07 Per Share |
![]() SPRE 3 months ago Paid | Monthly | $0.07 Per Share |
![]() SPRE 4 months ago Paid | Monthly | $0.07 Per Share |
![]() SPRE 4 days ago | Other | $0.07 Per Share |
![]() SPRE 1 month ago Paid | Monthly | $0.07 Per Share |
![]() SPRE 2 months ago Paid | Monthly | $0.07 Per Share |
![]() SPRE 3 months ago Paid | Monthly | $0.07 Per Share |
![]() SPRE 4 months ago Paid | Monthly | $0.07 Per Share |
ARCA Exchange | US Country |
This company operates as a specific type of investment fund focusing on real estate investment trusts (REITs). It uniquely positions itself within the financial market by adhering to Shariah-compliant investment principles, making it an attractive option for investors seeking compliance with Islamic law. The fund's strategy involves a heavy emphasis on investing in REIT securities that are listed in both developed and emerging markets and are recognized as part of the S&P Global BMI Shariah Index. This comprehensive index filters publicly-traded equity securities through Shariah compliance standards. The company commits to investing at least 80% of its total assets in the securities that make up the index, ensuring a focused investment approach. Despite its targeted investment strategy, the fund is classified as non-diversified, indicating a potential for higher risk and reward due to its concentration in the real estate sector.
The primary offering is an investment vehicle that targets REIT securities listed on the S&P Global BMI Shariah Index. This service caters to investors looking to diversify their portfolios with real estate assets while adhering to Islamic investment principles. By concentrating on Shariah-compliant REITs in both developed and emerging markets, it provides a unique blend of exposure to global real estate markets within the ethical boundaries of Shariah law.