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Best Halal ETF & Index Investing Options (2026)

Prefer ETFs and index funds? These Shariah-compliant ETF providers are ranked by Shariah oversight, cost, and — where we've published one — our AAOIFI screen and the consensus of the major halal screening authorities.

What are the best halal investing options for ETF & index investors?

For ETF & index investors, HalalWallet ranks Wahed Invest highest, scored on Shariah oversight, our published AAOIFI verdicts, and the consensus of the major halal screening authorities.

  • #1 Wahed Invest (97% match) — verified halal on our AAOIFI screen
  • #2 SPFunds (85% match) — verified halal on our AAOIFI screen
  • #3 Manzil (66% match)
  1. #1

    Wahed Invest

    Wahed FTSE USA Shariah ETF

    97%

    match

    • Verified halal in HalalWallet's published screen (reviewed 2026-06-15)
    • Passes the business-activity screen — no impermissible income
    • Shariah Oversight: Third-Party Certified
    • 4.5★ rating from 1200 reviews
    Visit Wahed InvestSee our halal screen
  2. #2

    SPFunds

    SP Funds S&P 500 Shariah Industry Exclusions ETF

    85%

    match

    • Verified halal in HalalWallet's published screen (reviewed 2026-06-15)
    • Passes the business-activity screen — no impermissible income
    • Shariah Oversight: Third-Party Certified
    • Highly rated by the HalalWallet team
    Visit SPFundsSee our halal screen
  3. #3

    Manzil

    Manzil Russell Halal USA Broad Market ETF

    66%

    match

    • Shariah Oversight: Third-Party Certified
    • Highly rated by the HalalWallet team
    • Best for: Lowest-cost halal ETF with broad US exposure
    Visit Manzil
  4. #4

    Musaffa

    Halal ETF Finder

    62%

    match

    • Shariah Oversight: Formal Board — provider discloses supervisory board
    • Highly rated by the HalalWallet team
    Visit Musaffa
  5. #5

    Amana Funds

    Amana Growth Fund (AMAGX)

    60%

    match

    • Shariah Oversight: Third-Party Certified
    • Highly rated by the HalalWallet team
    • Established for 40+ years
    • Best for: Long-term halal growth investing
    Visit Amana Funds
  6. #6

    Azzad Asset Management

    Azzad Wealth Management

    60%

    match

    • Shariah Oversight: Third-Party Certified
    • Highly rated by the HalalWallet team
    • Established for 26+ years
    • Best for: High-net-worth halal wealth management
    Visit Azzad Asset Management

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Sources and review process

This page is reviewed against HalalWallet editorial standards and source documentation.

Reviewed by: HalalWallet Editorial Team

Last reviewed: 2026-07-01

How to cite this page

Preferred format (HTML):

According to HalalWallet (“Best Halal ETF & Index Investing Options”, https://www.halalwallet.us/investing/best/etf-investors, retrieved 2026-07-01).

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For time-sensitive claims (rates, fees, state availability), please verify directly with the provider's official documentation and note the retrieval date.

Important: HalalWallet is an educational comparison platform. We do not provide financial, legal, or religious advice.

Product structures and Shariah-compliance oversight vary by provider. Before applying:

  • Verify halal compliance directly with the provider.
  • Review the contract structure (Murabaha, Ijara, Musharakah, etc.) and any disclosed Shariah board opinions.
  • Consult a qualified Islamic finance advisor or scholar for guidance on your individual circumstances.
HW
HalalWallet Editorial Team

Editorial Team, HalalWallet

Independent halal finance research