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Senior PowerPoint Engineer

Inshallah the Sharia law compliant S&P500 ETF won't be including SpaceX as it violates the prospectus

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Hedgeye

@Hedgeye

May 29

Rule changes for the SpaceX $SPCX IPO: Index providers waived the profitability requirement and cut the seasoning window from 90 days to 5. This forces over $30 trillion in passive 401k and retirement money to buy SpaceX at IPO valuations. Bloomberg Intelligence estimates S&P

6:39 PM · Jun 1, 2026

David Watson 🥑

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Senior PowerPoint Engineer

The only thing more powerful and timeless than the S&P500's index inclusion criteria is the will of god. Alhamdulillah

Woman Respector

turns out the Shariah compliant S&P500 has meaningfully outperformed the S&P 500.

@realalexwiggin

Reading the prospectus amounts to domestic terrorism. Just trust the plan (or else).

@DamianW98930911

I think "Aerospace and defense" was considered one category... is SpaceX doing anything that is haram? They will probably be included in SPUS at some point, but we'll see

Wait can I legally require my company to put my 401k in this instead by converting

@EmbitteredHeir

TIL that tobacco was not sharia-compliant. Don’t Arabs smoke everywhere?

Cholo Cap  ☆☆☆

Me asking the CIO to immediately change benchmark to S&P500 Sharia

I might as well start buying this with the way it outperforms

Scipio the younger

is their a kosher compliant s&p500? And if so how has it preformed relative to the sharia law and normal sp500

It’s gonna be Communication Services or Tech Hardware, most of the revenue/earnings is from Satellites.

All it makes me think of is Charlie trying to read that prospectus out loud.

this ceased being a country where laws mattered years ago

Excellent. I didn't even know this existed and was thinking along thesame lines.

YangguangZhijia

@YangguangZhijia

It also beat VOO by a mile.

I'm aso interested in sharia-compliant AFAIK they skew away from debt-ridden companies, making their lists, in theory, more robust.

@VeerTheGreatest

The SPUS outperformance story is interesting because excluding financials and defense actually mimics a quality tilt. SpaceX being non-compliant could ironically make the ETF more conservative at a good time.

the honest answer is that corporations haven't solved this and aren't sure anyone will have to either, new regulations emerge or they get exempt by default

Glass Lens Investment Research

You learn something new everyday. Anyone got a sharia law spy performance vs regular spy?

Alexander Heinz

Has Anthropic made a deal with the Ayatollah yet before they ipo?

S&P cut the waiting from 90 days to 5. One company. $30 trillion in index funds buys all at once. That's not passive.

0.45% expense ratio is rough.

@globalmacrorisk

Stop loss is haram

It's mashallah

@Mysterious91480

Epstein was sharia law compliant too, right? since aisha was 9 years old

Lambda Thoughts

@lambda_thoughts

Oh my god

Robert Harrison

@RobertHarrisonv

Bad news spcx is an ai company

Special exemptions for Muslims?

Islamic Titans 100 is the

@ChayanShar53620

Why is aerospace haram??

alhumdulillah blessed be SPUS

𝘽𝘼𝙄𝙇𝙀𝙔 𝙄𝙉𝘿𝙐𝙎𝙏𝙍𝙄𝘼𝙇 𝙂𝙍𝙊𝙐𝙋

@Creditspreadit

Ayatollah/Dario collab when?

@RizMemonTrades

Inshallah

this is the funniest thing i read today

Diablo Valley Capital

@diablovalleycap

Islam has a prohibition against interest, but not against alpha

Spy or spym?

Rare W

What’s the ticker?

dharmic aeroplate v2

underrated brilliance