Halal S&P 500
Performance since launch
Backtest volatility
About this strategy
Holds the S&P 500 Shariah Industry Exclusions ETF (SPUS) at full weight and sweeps every contribution into it daily. The screen is S&P's Shariah methodology under its supervising Shariah board: no conventional finance, alcohol, tobacco, pork, gambling, adult content or weapons, plus the debt and impure-income ratio tests.
How it works
- Agent triggers
Runs daily at 10:20 AM. Sweeps contributions into the fund at the next market open.
- Computes its signals
This agent focuses exclusively on one fund, the S&P 500 Shariah Industry Exclusions ETF (SPUS), and does not engage in timing or stock selection.
- Sets the target portfolio
The target portfolio is always 100 percent SPUS, with no cash holdings. Contributions are fully invested in that single target fund.
- Executes orders
Your account trades toward that target, sells before buys, inside the platform's risk rails: stop-loss and daily loss limits you control.
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Backtests
* Backtest figures are simulated based on historical market data. Past performance is not indicative of future results.