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Investing comparison

global growth assets vs SPFunds

global growth assets and SPFunds both offer investing. This page lines up 18 listed data points side by side, with 10 differences, so you can see exactly where they part ways before you request quotes.

Built from each provider's listed data · provider data last verified Nov 2026

At a glance

  • Both are available in all of Canada.
  • global growth assets uses Mutual Funds; SPFunds uses Index-based.
  • Shariah oversight: global growth assets discloses Named Scholar; SPFunds discloses Third-Party Certified.
  • HalalWallet Index: global growth assets holds a B-; SPFunds holds a B-.
  • They differ on 10 of the 18 data points we list for investing.

No editorial verdict has been written for this pair yet. The side-by-side below is the full data view; where we have written one, you'll find it under Compare.

global growth assets vs SPFunds: the full side-by-side

18 data points from each provider's published materials, lined up row by row. They differ on 10.

global growth assets - halal finance provider logo

global growth assets

B-
Pays us: No. global growth assets pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.
SPFunds - halal finance provider logo

SPFunds

B-
Pays us: No. SPFunds pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.

18 of 18 rows

Availability

  • Provinces covered

    Same
    global growth assets: All of Canada
    SPFunds: All of Canada
Costs

  • Expense ratio

    global growth assets: 2.79% MER
    SPFunds: 0.55% (SP Funds S&P World ETF) · 0.45% (SP Funds S&P 500 Shariah I…) · 0.50% (SP Funds S&P Global REIT S…)

  • Management fee

    global growth assets: 2.45%
    SPFunds: Not listed

  • Minimum investment

    global growth assets: $500 initial / $25 subsequent
    SPFunds: Not listed
Shariah

  • Structure

    global growth assets: Mutual Funds
    SPFunds: Index-based

  • Shariah oversight

    global growth assets: Named Scholar
    SPFunds: Third-Party Certified

  • Shariah board / scholar

    global growth assets: Named Scholar
    SPFunds: third_party_certified

  • Published fatwa / certificate

    Same
    global growth assets: No
    SPFunds: No

  • Screening standard

    global growth assets: Dow Jones Islamic Market Titans 100 screens (Ratings Intelligence) plus local IFAB review
    SPFunds: AAOIFI - S&P Shariah screens on developed ex-US and emerging markets (SP Funds S&P World ETF) · AAOIFI - S&P Shariah screens (under 5% impure revenue; debt below ~30% of market cap) (SP Funds S&P 500 Shariah I…) · AAOIFI - S&P Shariah REIT screens on rental income sources and leverage (SP Funds S&P Global REIT S…) · Sukuk-only universe - Dow Jones Sukuk Total Return Index eligibility rules (SP Funds Dow Jones Global…) · AAOIFI - S&P Shariah screens on the global 1200 IT universe (SP Funds S&P Global Techno…)
Products

  • Products listed

    global growth assets: Global Iman Fund
    SPFunds: SP Funds S&P World ETF, SP Funds S&P 500 Shariah Industry Exclusions ETF, SP Funds S&P Global REIT Shariah ETF, SP Funds Dow Jones Global Sukuk ETF, SP Funds S&P Global Technology ETF

  • Best for

    global growth assets: Canadian mutual fund investors who prioritize a long track record and named, annually renewed Shariah oversight over cost - and who accept a concentrated mega-cap tech tilt and the absence of published purification data.
    SPFunds: Broadest global halal equity exposure

  • Product types

    global growth assets: Mutual Fund
    SPFunds: ETF

  • Tickers

    global growth assets: Not listed
    SPFunds: SPWO, SPUS, SPRE, SPSK, SPTE

  • Holdings

    global growth assets: 23
    SPFunds: ~400 (SP Funds S&P World ETF) · ~200 (SP Funds S&P 500 Shariah I…) · ~22 (SP Funds S&P Global REIT S…) · ~170 (SP Funds Dow Jones Global…) · ~100 (SP Funds S&P Global Techno…)

  • Focus

    global growth assets: Not listed
    SPFunds: Global Large Blend (SP Funds S&P World ETF) · US Large Growth (SP Funds S&P 500 Shariah I…) · Global Real Estate (SP Funds S&P Global REIT S…) · Global Bond (Sukuk) (SP Funds Dow Jones Global…) · Global Technology (SP Funds S&P Global Techno…)
Track record

  • HalalWallet Index grade

    Same
    global growth assets: B-
    SPFunds: B-

  • Awards

    global growth assets: Not listed
    SPFunds: Morningstar Silver Medalist Rating (rated Aug 31, 2026; published Sep 29, 2026), U.S. News #3 Best Global Bond ETF (ranked Oct 2026; 3rd of 9 evaluated)

  • Assets under management

    global growth assets: $244M
    SPFunds: $244M (2026-11-13) (SP Funds S&P World ETF) · $3.37B (2026-11-13) (SP Funds S&P 500 Shariah I…) · $203M (2026-11-13) (SP Funds S&P Global REIT S…) · $491M (2026-11-13) (SP Funds Dow Jones Global…) · $243M (2026-11-13) (SP Funds S&P Global Techno…)

Strengths and trade-offs

global growth assets

  • Disclosed Shari'ah oversight: two named advisory boards and a fatwa renewed June 17, 2026
  • 17-year track record - Series A running since March 2009, with 10-year annualized returns of 14.75% to April 2026
  • Low $500 minimum, $25 subsequent - accessible in mutual fund format with PACs
  • Available across all 10 provinces through ~30 dealers and all major registered plans (RRSP/TFSA/RESP/RRIF/LIRA/LIF)
  • FundGrade A+ award winner six consecutive years
  • Expensive: 2.79% MER (2.45% management fee) versus roughly 0.5% for halal ETFs like WSHR
  • Concentrated: 23 holdings with 66% in the top 10, and 44% in information technology
  • No published purification data - investors cannot compute dividend purification from public documents
  • The fatwa is published only as a scanned document, and parts of the site carry stale marketing content

SPFunds

  • Broadest diversification in the family (~500 index constituents)
  • True ex-US global exposure - developed and emerging markets 50/50
  • Completes a halal three-fund portfolio alongside SPUS and SPSK
  • Quarterly purification factors published (Q2 2026: 1.41% of dividends)
  • Monthly distributions
  • Newer fund
  • Smaller AUM
  • Overlap with SPUS for US holdings
  • USD-listed - currency conversion applies, and dividends lose 15% US withholding tax in a TFSA/FHSA/RESP (exempt in an RRSP)
  • US-focused only

Products behind the numbers

Where a row shows more than one value, it is because the provider lists several investing products. Each is tagged.

global growth assets (1)

  • Global Iman Fund

SPFunds (5)

  • SP Funds S&P World ETF · SPWODetails
  • SP Funds S&P 500 Shariah Industry Exclusions ETF · SPUSDetails
  • SP Funds S&P Global REIT Shariah ETF · SPREDetails
  • SP Funds Dow Jones Global Sukuk ETF · SPSKDetails
  • SP Funds S&P Global Technology ETF · SPTEDetails
global growth assets - halal finance provider logo

global growth assets

Pays HalalWallet: No. global growth assets pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.
Visit global growth assets Full review
SPFunds - halal finance provider logo

SPFunds

Pays HalalWallet: No. SPFunds pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.
Visit SPFunds Full review

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How do global growth assets and SPFunds compare for investing?

global growth assets and SPFunds both offer investing. This page lines up 18 listed data points side by side, with 10 differences, so you can see exactly where they part ways before you request quotes.

  • Both are available in all of Canada.
  • global growth assets uses Mutual Funds; SPFunds uses Index-based.
  • Shariah oversight: global growth assets discloses Named Scholar; SPFunds discloses Third-Party Certified.

Source: HalalWallet (halalwallet.ca)

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Sources and review process

This page is reviewed against HalalWallet editorial standards and source documentation.

Reviewed by: HalalWallet Editorial Team

Last reviewed: 2026-11-13

How to cite this page

Preferred format (HTML):

According to HalalWallet (“global growth assets vs SPFunds”, https://www.halalwallet.ca/compare/global-growth-assets-vs-spfunds, retrieved 2026-11-14).

For time-sensitive claims (rates, fees, province availability), please verify directly with the provider's official documentation and note the retrieval date.

What HalalWallet is and is not

Scholars rule; we organize the evidence. HalalWallet is an independent research and comparison site for halal financial products. It is not a lender, bank, broker or adviser, and it is not a fatwa body.

What we do

  • We document each product's contract, Shariah oversight, costs and availability, with the date we last checked.
  • We show the range of scholarly opinion on contested questions, with sources.

What we do not do

  • We do not lend, hold money, open accounts or take applications. You apply with the provider.
  • We do not issue fatwas or certify any product as halal. Rulings belong to a scholar you trust.
  • We do not give personal financial, legal or tax advice.

Where our role ends and who takes over · Who pays HalalWallet · HalalWallet Trust Standard, version 1.0

Before you decide, finish with three checks:

  • Confirm current terms and halal compliance directly with the provider. Their quote is final.
  • Read the contract structure (Murabaha, Ijara, Musharakah and so on) and any published Shariah board opinion.
  • Bring your shortlist to a qualified scholar or licensed adviser, so the conversation is about your situation, not the basics.

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