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XLU

Utilities Select Sector SPDR Fund

DOUBTFUL
Score: 50/100
etf

Is XLU Halal?

Utilities — permissible service but extreme debt structure.

What You Should Know

XLU holds utility companies. Core electricity and gas service is permissible but extreme debt levels concern scholars.

⚠️ Concerns

  • •Very high utility debt
  • •Interest payments dominant

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