US: The flagship exchange-traded fund (ETF) SPUS – which offers Shariah compliant exposure to 200 low-leverage stocks from the S&P 500 Index – was a standout contributor to the ShariaPortfolio Group, which passed the US$2 billion total AuM milestone on the 2nd May 2025. The SPUS ETF recorded US$1.2 billion in assets as of the 9th May 2025 – leading the group’s suite of 11, including six target date funds and five ETFs. ShariaPortfolio earlier announced on the 5th April 2024 that the group’s total AuM passed the US$1 billion mark.
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