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XLE

Energy Select Sector SPDR Fund

DOUBTFUL
Score: 55/100
etf

Is XLE Halal?

Energy sector ETF — oil and gas businesses with environmental concerns.

What You Should Know

XLE holds oil, gas, and energy companies. Core energy business passes financial screens but environmental harm concerns some scholars.

⚠️ Concerns

  • •Environmental ethics concerns
  • •Minor interest income across holdings

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