Income Purification
Calculator
You may use this calculator to estimate the amount of income purification. These purification factors are calculated quarterly at the last day of quarter and shared within 30 days of end of quarter.
Dividend Purification Notice
Please note that dividend purification figures for our ETFs may not be available immediately following the end of a quarter. This is because purification calculations are dependent on the release of company earnings, which can vary in timing.
If you do not see the purification numbers you’re looking for, we kindly ask for your patience and encourage you to check back at a later date. Rest assured, we are actively working to update this information as soon as it becomes available.
Thank you for your understanding and continued support.
— The SP Funds Team
Purification Factor by Quarter
| Date | SPUS | SPRE | SPTE | SPWO |
|---|---|---|---|---|
| Q1 2025 | 2.20% | 1.02% | ||
| Q4 2024 | 2.14% | 0.78% | ||
| Q3 2024 | 2.05% | 0.77% | 2.543% | 1.974% |
| Q2 2024 | 1.85% | 1.05% | 2.46% | 1.91% |
| Q1 2024 | 1.30% | 0.96% | 2.43% | 1.54% |
| Q4 2023 | 1.232% | 0.370% | ||
| Q3 2023 | 1.286% | 0.390% | ||
| Q2 2023 | 1.39% | 0.35% | ||
| Q1 2023 | 1.15% | 0.57% | ||
| Q4 2022 | 1.239% | 0.761% | ||
| Q3 2022 | 1.337% | 0.721% | ||
| Q2 2022 | 1.18% | 0.61% | ||
| Q1 2022 | 1.70% | 0.66% | ||
| Q4 2021 | 2.35% | 0.77% | ||
| Q3 2021 | 1.43% | 1.09% | ||
| Q2 2021 | 0.88% | 1.06% | ||
| Q1 2021 | 1.056% | 1.148% |
SPSK does not require purification because Sukuk are Sharia-compliant by definition
This information is for educational purposes only and is not intended to be investment or spiritual advice. The purification factors are determined using a methodology developed by ShariaPortfolio in accordance with the Accounting and Auditing Organization for Islamic Financial Institutions (
Purification is distinct from zakat. Typically, zakat paid to a charity is determined on one’s overall wealth. These purification factors are specifically meant to cover the dividend income paid by equity securities that may be derived from haram sources.
ShariaPortfolio does not pay or deduct the purification amounts from your account(s) as this may create undesirable tax implications. We encourage you to seek the counsel of your local Imam for advice on where and how to pay the purification amount.
Our Income Purification Calculator helps you determine the amount of investment income derived from non-permissible sources that should be donated to charity to maintain ethical compliance.
The calculator quantifies the portion of earnings from investments that may have unintentionally come from activities deemed impermissible according to religious or ethical guidelines.
INSTRUCTIONS: To use the calculator, (1) choose the fund you’d like to calculate with (2) enter the dividend received in dollars $, and the (3) Purification amount will be auto calculated for you in dollars $
Additionally, we’ve provided the table below, that allows you to manually calculate purification rates from previous quarters.
Please note purification numbers are provided approximately 2.5 months after quarter closing – allowing all fund companies to report final numbers and data reconciliation.
Get in touch with us for more information
SPRE is a Sharia-compliant ETF that invests in global real estate for income, capital gains, and inflation protection.