r/IslamicFinance•
Sombero1

How come while SPUS or SPTE considered shariah compliant but not SMH or SOXQ?

When I check SPUS on Zoya app it is 80.46% compliant, 16.66% questionable, 2.57% non-compliant, and 0.3% unrated.

Same for SPTE shows 80.69% compliant, 11.1% questionable, 7.53% unrated, and 0.68% non-compliant

Interestingly when i check SMH, it is 99.8% compliant, 0.15% non-compliant, and 0.05% unrated.

For SOXQ, 97.24% compliant, 2.04% non-compliant, and 0.73% unrated.

In summary, why our community not mentioning or discussing SMH or SOXQ, as evident that they have better compliance scores on Zoya, more liquidity, more growth, less expense ratios etc. Am i missing something here?

Posted Jan 14, 2026, 3:15 AM UTC

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