SP Funds - Investment Advisers

About SP Funds

SP Funds Management LLC is an investment adviser headquartered in Lake Mary, Florida. The firm reports regulatory assets under management of $10.18 million and two employees. It is one of the investment advisers in Florida listed in the directory of US investment advisers. The firm focuses on Sharia-compliant investing. Its exchange traded funds follow AAOIFI guidelines, which exclude companies with significant debt and businesses involved in areas such as tobacco, gambling, and interest-based finance. The firm also offers target date funds. It describes its approach as combining fundamental analysis with a long-term perspective, aimed at investors who want their portfolios to reflect their values. SP Funds is part of the ShariaPortfolio Group of Companies. Its chief executive, Naushad Virji, founded ShariaPortfolio in the United States in 2003 and is also one of the portfolio managers for the ETF line. Before launching ShariaPortfolio, he managed a hedge fund.

Key Facts

Assets Under Management

$10.18M

Employees

2

SEC File Number

801-137056