State Street SPDR MSCI World StrategicFactors ETF

QWLD

SPDR

State Street SPDR MSCI World StrategicFactors ETF (QWLD) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 84.44%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)Not halalCoverage: 84.44%

Halal 49.40%
Doubtful 7.39%
Not halal 27.65%
Not rated 15.56%

The bar is scaled to fit; the figures are as reported, and the buckets do not always total 100%.

Coverage is the share of the fund's weight we hold a usable verdict for. Below 95%, a fund is rated only when the weight we can see already breaches the 5% limit; otherwise it is not rated by this method.

Fund facts

Issuer: SPDR
Venue (where it trades): United States
Domicile (where it is registered): United States
Reporting currency: USD
Expense ratio: 0.30%
AUM: 178.12M USD
Holdings: 1,179 (816 screened)
Basket as of (provider): 27 Oct 2026
Basket fetched by Akinda: 27 Oct 2026
Verdict updated: 3 Nov 2026

Venue is where a fund trades; domicile is where it is registered. London-listed funds are domiciled in Ireland or Luxembourg, so use Venue for UK ETFs.

Five rulebooks

Rulebook	Verdict	Halal	Not halal
Akinda fund screen (AAOIFI)	Not halal	49.40%	27.65%
DJIM	Not halal	49.45%	29.57%
FTSE	Not halal	34.86%	45.25%
MSCI	Not halal	35.51%	44.64%
S&P	Not halal	49.77%	29.36%

Every bar uses the same 0–100% scale. Index rulebooks report only halal and not-halal weight; uncoloured weight is weight that rulebook does not classify. Coverage is published for the Akinda fund screen only.

The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.

Holdings

1–50 of 1,179 holdings, largest first · basket as of 27 Oct 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	MSFTMICROSOFT CORP	3.22%	Halal	Halal	Halal	Halal	Halal
2	AAPLAPPLE INC	2.62%	Halal	Halal	Halal	Halal	Halal
3	NVDANVIDIA CORP	2.33%	Halal	Halal	Halal	Halal	Halal
4	METAMETA PLATFORMS INC CLASS A	1.92%	Halal	Halal	Halal	Halal	Halal
5	LLYELI LILLY + CO	1.50%	Halal	Halal	Not halal	Not halal	Halal
6	AVGOBROADCOM INC	1.47%	Halal	Halal	Not halal	Not halal	Halal
7	JNJJOHNSON + JOHNSON	1.33%	Halal	Halal	Halal	Halal	Halal
8	VVISA INC CLASS A SHARES	1.31%	Halal	Not halal	Not halal	Not halal	Not halal
9	ASMLASML HOLDING NV	1.08%	Halal	Halal	Halal	Halal	Halal
10	GOOGLALPHABET INC CL A	0.99%	Doubtful	Not rated	Not rated	Not rated	Not rated
11	CSCOCISCO SYSTEMS INC	0.95%	Halal	Halal	Halal	Halal	Halal
12	XOMEXXONMOBIL HOLDINGS CORP	0.94%	Halal	Halal	Halal	Halal	Halal
13	GOOGALPHABET INC CL C	0.89%	Doubtful	Not rated	Not rated	Not rated	Not rated
14	PGPROCTER + GAMBLE CO/THE	0.84%	Halal	Halal	Halal	Halal	Halal
15	BRK-BBERKSHIRE HATHAWAY INC CL B	0.83%	Not halal	Not halal	Not halal	Not halal	Not halal
16	KOCOCA COLA CO/THE	0.81%	Halal	Halal	Not halal	Not halal	Halal
17	NOVN.SWNOVARTIS AG REG	0.80%	Not rated	Not rated	Not rated	Not rated	Not rated
18	MRKMERCK + CO. INC.	0.80%	Halal	Halal	Not halal	Not halal	Halal
19	WMTWALMART INC	0.78%	Halal	Halal	Halal	Halal	Halal
20	COSTCOSTCO WHOLESALE CORP	0.70%	Halal	Halal	Halal	Halal	Halal
21	MAMASTERCARD INC A	0.66%	Doubtful	Not halal	Not halal	Not halal	Not halal
22	PLTRPALANTIR TECHNOLOGIES INC A	0.62%	Doubtful	Not rated	Not halal	Not halal	Not rated
23	PEPPEPSICO INC	0.57%	Halal	Halal	Not halal	Not halal	Halal
24	JPMJPMORGAN CHASE + CO	0.57%	Not halal	Not halal	Not halal	Not halal	Not halal
25	AMATAPPLIED MATERIALS INC	0.57%	Halal	Halal	Halal	Halal	Halal
26	ROP.SWROCHE HOLDING AG	0.54%	Not rated	Not rated	Not rated	Not rated	Not rated
27	SAPSAP SE	0.53%	Halal	Halal	Not halal	Halal	Halal
28	DUKDUKE ENERGY CORP	0.53%	Halal	Halal	Halal	Halal	Halal
29	AMZNAMAZON.COM INC	0.51%	Halal	Halal	Halal	Halal	Halal
30	APHAMPHENOL CORP CL A	0.51%	Halal	Halal	Not halal	Not halal	Halal
31	VZVERIZON COMMUNICATIONS INC	0.50%	Not halal	Not halal	Not halal	Not halal	Not halal
32	SOSOUTHERN CO/THE	0.49%	Not halal	Not halal	Not halal	Not halal	Not halal
33	LRCXLAM RESEARCH CORP	0.48%	Halal	Halal	Halal	Halal	Halal
34	MCKMCKESSON CORP	0.48%	Halal	Halal	Halal	Halal	Halal
35	TAT+T INC	0.48%	Not halal	Not halal	Not halal	Not halal	Not halal
36	TJXTJX COMPANIES INC	0.48%	Halal	Halal	Halal	Halal	Halal
37	MSIMOTOROLA SOLUTIONS INC	0.48%	Halal	Halal	Not halal	Not halal	Halal
38	CORCENCORA INC	0.47%	Halal	Halal	Halal	Halal	Halal
39	PGRPROGRESSIVE CORP	0.45%	Not halal	Not halal	Not halal	Not halal	Not halal
40	4502.TTAKEDA PHARMACEUTICAL CO LTD	0.44%	Not rated	Not rated	Not rated	Not rated	Not rated
41	GILDGILEAD SCIENCES INC	0.44%	Halal	Halal	Not halal	Not halal	Halal
42	CBCHUBB LTD	0.44%	Not halal	Not halal	Not halal	Not halal	Not halal
43	NFLXNETFLIX INC	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
44	VRTXVERTEX PHARMACEUTICALS INC	0.43%	Halal	Halal	Halal	Halal	Halal
45	NESN.SWNESTLE SA REG	0.43%	Not rated	Not rated	Not rated	Not rated	Not rated
46	CVXCHEVRON CORP	0.42%	Halal	Halal	Halal	Halal	Halal
47	SHELSHELL PLC	0.42%	Not halal	Not halal	Halal	Halal	Not halal
48	TRVTRAVELERS COS INC/THE	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
49	ACNACCENTURE PLC CL A	0.41%	Doubtful	Not rated	Not rated	Not rated	Not rated
50	CMECME GROUP INC	0.40%	Not halal	Not halal	Not halal	Not halal	Not halal

...

Not rated means we hold no usable verdict for that company; it is never treated as compliant.

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