SP Funds S&P World (ex-US) ETF

Non-US equities that pass a Sharia screen are what SPWO delivers, rounding out the SP Funds lineup alongside its US-focused sibling. The fund tracks the S&P Developed Ex-U.S. and Emerging Markets 50/50 Shariah Index, splitting exposure evenly between developed markets outside America and emerging economies, drawn from more than 40 countries. SP Funds applies the same AAOIFI screening it uses across the family, filtering out interest-based financials and highly indebted companies. For a Sharia-compliant investor building a global portfolio, it pairs with the US fund to cover the rest of the world in one holding. The even developed-versus-emerging split gives it a different geographic balance from a standard international index, which usually leans far more toward developed markets. It launched in late 2023 and charges 0.55%.

On MyRWA, SPWO trades tokenized across 1 on-chain venue - see the listings below.