UMMA
Wahed Dow Jones Islamic World ETF
stockNASDAQETF

if you want to invest based on religious reasons, that's perfectly valid. but that also means you need to expect the investments you buy might perform differently from similar funds, or from the broad stock market. it also means the management fees will tend to be higher. there are a few minor red flags for me. SPTE started only in 2023, and doesn't have a long track record. the outperformance might a fluke, or it might persist long-term. we just don't know. SPTE also has low assets, at only US $250 million. assets under about US$500 million can be a bit of a red flag, because there's low 'liquidity' with daily buying and selling, especially when the market is volatile. SPUS has over $3 billion assets, which is a lot more attractive to me. I'd also prefer to invest globally, not merely in the US market. but there don't seem to be many Islamic ETFs with global stocks and assets over $500m to $1 billion. UMMA seems to the largest, so IMO 80% SPUS and 20% UMMA would be a decent portfolio. I'd also recommend investing globally,