Stratified LargeCap Index ETF

SSPY

Stratified

Stratified LargeCap Index ETF (SSPY) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.08%. 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: 99.08%

Halal 47.11%
Doubtful 7.60%
Not halal 44.36%
Not rated 0.92%

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: Stratified
Venue (where it trades): United States
Domicile (where it is registered): United States
Reporting currency: USD
Expense ratio: 0.45%
AUM: 132.32M USD
Holdings: 503 (502 screened)
Basket as of (provider): 28 Oct 2026
Basket fetched by Akinda: 28 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	47.11%	44.36%
DJIM	Not halal	48.20%	44.24%
FTSE	Not halal	37.70%	57.88%
MSCI	Not halal	38.07%	57.47%
S&P	Not halal	49.18%	43.26%

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 503 holdings, largest first · basket as of 28 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	1.09%	Halal	Halal	Halal	Halal	Halal
2	IBMINTL BUSINESS MACHINES CORP	1.05%	Doubtful	Not rated	Not halal	Not halal	Not rated
3	SYFSYNCHRONY FINANCIAL	1.01%	Not halal	Not halal	Not halal	Not halal	Not halal
4	COFCAPITAL ONE FINANCIAL CORP	1.00%	Not halal	Not halal	Not halal	Not halal	Not halal
5	KRKROGER CO	0.86%	Not halal	Not halal	Not halal	Not halal	Not halal
6	WMTWALMART INC.	0.85%	Halal	Halal	Halal	Halal	Halal
7	TJXTJX COMPANIES INC	0.85%	Halal	Halal	Halal	Halal	Halal
8	COSTCOSTCO WHOLESALE CORP	0.84%	Halal	Halal	Halal	Halal	Halal
9	ROSTROSS STORES INC	0.76%	Halal	Halal	Halal	Halal	Halal
10	SYYSYSCO CORP	0.76%	Not halal	Not halal	Not halal	Not halal	Not halal
11	KMIKINDER MORGAN INC	0.56%	Not halal	Not halal	Not halal	Not halal	Not halal
12	XOMEXXONMOBIL HOLDINGS CORP	0.55%	Halal	Halal	Halal	Halal	Halal
13	CVXCHEVRON CORP	0.54%	Halal	Halal	Halal	Halal	Halal
14	BRK-BBERKSHIRE HATHAWAY B	0.54%	Not halal	Not halal	Not halal	Not halal	Not halal
15	YUMYUM! BRANDS INC	0.54%	Halal	Halal	Not halal	Not halal	Halal
16	HCAHCA HEALTHCARE INC	0.54%	Not halal	Not halal	Not halal	Not halal	Not halal
17	AAPLAPPLE INC	0.53%	Halal	Halal	Halal	Halal	Halal
18	SBUXSTARBUCKS CORP	0.53%	Halal	Halal	Not halal	Not halal	Halal
19	TRGPTARGA RESOURCES CORP	0.53%	Not halal	Not halal	Not halal	Not halal	Not halal
20	MSIMOTOROLA SOLUTIONS INC	0.53%	Halal	Halal	Not halal	Not halal	Halal
21	DRIDARDEN RESTAURANTS INC	0.52%	Not halal	Not halal	Not halal	Not halal	Not halal
22	UHSUNIVERSAL HEALTH SERVICES B	0.52%	Not halal	Not halal	Halal	Halal	Not halal
23	WMBTHE WILLIAMS COMPANIES INC	0.51%	Not halal	Not halal	Not halal	Not halal	Not halal
24	LLOEWS CORP	0.51%	Not halal	Not halal	Not halal	Not halal	Not halal
25	DPZDOMINO'S PIZZA INC	0.51%	Not halal	Not halal	Not halal	Not halal	Not halal
26	OKEONEOK INC	0.51%	Not halal	Not halal	Not halal	Not halal	Not halal
27	MCDMCDONALD'S CORP	0.50%	Halal	Halal	Not halal	Not halal	Halal
28	ELESTEE LAUDER COS. A	0.49%	Halal	Halal	Not halal	Not halal	Halal
29	CHDCHURCH & DWIGHT CO INC	0.49%	Halal	Halal	Halal	Halal	Halal
30	KMBKIMBERLY-CLARK CORP	0.49%	Halal	Halal	Not halal	Not halal	Halal
31	PGPROCTER & GAMBLE CO/THE	0.48%	Halal	Halal	Halal	Halal	Halal
32	KVUEKENVUE INC.	0.48%	Halal	Halal	Halal	Halal	Halal
33	CLCOLGATE-PALMOLIVE CO	0.46%	Halal	Halal	Not halal	Not halal	Halal
34	CMCSACOMCAST CORP A	0.44%	Not halal	Not halal	Not halal	Not halal	Not halal
35	UNHUNITEDHEALTH GROUP INC	0.44%	Not halal	Not halal	Not halal	Not halal	Not halal
36	CLXCLOROX CO	0.43%	Not halal	Not halal	Not halal	Not halal	Halal
37	ACNACCENTURE PLC A	0.43%	Doubtful	Not rated	Not rated	Not rated	Not rated
38	METAMETA PLATFORMS INC-CLASS A	0.43%	Halal	Halal	Halal	Halal	Halal
39	TSLATESLA INC	0.43%	Halal	Halal	Halal	Halal	Halal
40	CNCCENTENE CORP	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
41	BF-BBROWN-FORMAN CORP-CLASS B	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
42	HUMHUMANA INC	0.41%	Not halal	Not halal	Not halal	Not halal	Not halal
43	ELVELEVANCE HEALTH, INC.	0.41%	Not halal	Not halal	Not halal	Not halal	Not halal
44	STZCONSTELLATION BRANDS INC-A	0.41%	Not halal	Not halal	Not halal	Not halal	Not halal
45	MOALTRIA GROUP INC	0.41%	Not halal	Not halal	Not halal	Not halal	Not halal
46	PMPHILIP MORRIS INTERNATIONAL	0.41%	Not halal	Not halal	Not halal	Not halal	Not halal
47	TSNTYSON FOODS INC A	0.40%	Not halal	Not halal	Not halal	Not halal	Not halal
48	SJMJ.M. SMUCKER CO	0.40%	Not halal	Not halal	Not halal	Not halal	Not halal
49	CMGCHIPOTLE MEXICAN GRILL INC	0.39%	Halal	Halal	Halal	Halal	Halal
50	MRNAMODERNA INC	0.39%	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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