SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) is an exchange-traded fund that tracks the S&P 500 Sharia Industry Exclusions Index, offering investors exposure to U.S. large-cap equities compliant with Sharia principles by excluding companies involved in prohibited industries such as alcohol, tobacco, pork, gambling, conventional financial services, adult entertainment, and weapons; it provides a halal investment vehicle emphasizing ESG-aligned sectors like technology, healthcare, and consumer goods within the S&P 500 universe. The ETF, launched in December 2019 and domiciled in the United States with primary listing on the NYSE Arca, serves institutional and retail investors seeking faith-based or responsible investing strategies, operating globally but focused on U.S. markets without notable subsidiaries or parent entities beyond its issuer, SP Funds. In recent developments, SPUS has benefited from expanded distribution partnerships with platforms like Charles Schwab and Fidelity as of 2024, alongside a strategic rebranding emphasis by SP Funds to highlight its suite of Sharia-compliant ETFs amid rising demand for Islamic finance products; no major acquisitions or funding rounds were reported in the last two years, though assets under management grew significantly to over $100 million by mid-2025, reflecting broader market adoption of halal indices.