SP Funds S&P Global REIT Sharia ETF
SPRE
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 10900 NE 4th Street, Suite 2300 Bellevue WA United States of America 98004
- IPO Date
- Dec 30, 2020
- CIK
- 0001742912
- Website
- sp-funds.com
- Similar Companies
- Business
- SP Funds S&P Global REIT Sharia ETF (SPRE) is a Sharia-compliant exchange-traded fund that provides investors with exposure to global real estate investment trusts (REITs) for income generation, capital appreciation, and inflation protection. Launched on December 30, 2020, by SP Funds and listed on the NYSE Arca, SPRE tracks the S&P Global All Equity Capped REIT Index, co-developed by S&P Dow Jones Indices LLC and SP Funds; this index focuses on diversified global REITs with debt-to-equity ratios below 30%, excluding non-Sharia-compliant industries and applying equity capping to mitigate concentration risk. The ETF holds approximately 38 equities, including top positions in Welltower Inc., Goodman Group, Equinix Inc., Prologis Inc., and Weyerhaeuser Company, representing over 78% of assets under management, which stood at roughly $174 million as of late 2025 with an expense ratio of 0.50% and a trailing twelve-month dividend yield of 4.10%. SP Funds, the issuer, operates from its headquarters in Lake Mary, Florida, and serves as North America's largest provider of Sharia-compliant funds, targeting Muslim and non-Muslim investors seeking ethical, low-leverage, values-aligned portfolios in sectors like real estate, technology, and target-date funds. SPRE emphasizes Sharia principles by prohibiting interest-based financing and haram activities, positioning it as both a halal investment and an ESG-oriented product with lower leverage to better withstand economic downturns. Recent developments include SP Funds' expansion of its fund lineup on the Schwab platform with six new Sharia-compliant target-date funds, enhancing retail and institutional access to its offerings beyond REITs. The firm also achieved a milestone through its affiliate ShariaPortfolio Wealth Group surpassing $2 billion in assets under management, reflecting sustained growth in the Sharia ETF segment amid rising demand for sustainable and ethical investing strategies. Geographically, SPRE provides global diversification across developed and emerging real estate markets, with operations concentrated in the United States via NYSE listing.