| SP Funds S&P Global REIT Sharia ETF | ||||||||
| Schedule of Investments | ||||||||
| August 31, 2026 (Unaudited) | ||||||||
| COMMON STOCKS - 99.7% | Shares | Value | ||||||
| Financial Services - 0.0%(a) | ||||||||
| Servet Gayrimenkul Yatirim Ortakligi AS | 1 | $ | 0 | |||||
| Real Estate - 99.7%(b) | ||||||||
| Avrupakent Gayrimenkul Yatirim Ortakligi AS - REIT | 856,616 | 971,082 | ||||||
| Axis Real Estate Investment Trust - REIT | 14,404,053 | 6,726,185 | ||||||
| Centurion Accommodation Reit - REIT | 7,640,753 | 6,848,114 | ||||||
| Charter Hall Group | 671,882 | 9,302,670 | ||||||
| Citicore Energy REIT Corp. - REIT | 18,641,300 | 940,187 | ||||||
| Dubai Residential REIT - REIT | 14,915,769 | 5,238,733 | ||||||
| EastGroup Properties, Inc. - REIT | 51,808 | 10,335,696 | ||||||
| Equinix, Inc. – REIT | 24,362 | 25,500,193 | ||||||
| Equity LifeStyle Properties, Inc. - REIT | 159,451 | 10,117,166 | ||||||
| Fermi, Inc.(c) | 243,837 | 1,211,870 | ||||||
| Goodman Group – REIT | 1,235,432 | 24,551,398 | ||||||
| IGB Real Estate Investment Trust - REIT | 12,581,825 | 8,594,143 | ||||||
| IMPACT Growth Real Estate Investment Trust - REIT | 4,735,145 | 1,970,597 | ||||||
| Kizilbuk Gayrimenkul Yatirim Ortakligi AS - REIT(c) | 1 | 0 | ||||||
| Panora Gayrimenkul Yatirim Ortakligi - REIT | 432,514 | 1,372,328 | ||||||
| Peker Gayrimenkul Yatirim Ortakligi AS - REIT(c) | 26,386,822 | 8,612,913 | ||||||
| Prologis, Inc. – REIT | 184,995 | 25,884,500 | ||||||
| RL Commercial REIT, Inc. - REIT | 43,953,574 | 5,061,995 | ||||||
| SITE Centers Corp. - REIT | 401,376 | 1,184,059 | ||||||
| Sun Communities, Inc. - REIT | 83,365 | 10,122,178 | ||||||
| Terreno Realty Corp. - REIT | 152,802 | 10,117,020 | ||||||
| Welltower, Inc. – REIT | 113,374 | 26,783,474 | ||||||
| Weyerhaeuser Co. - REIT | 425,698 | 9,948,562 | ||||||
| 211,395,063 | ||||||||
| TOTAL COMMON STOCKS (Cost $188,556,422) | 211,395,063 | |||||||
| TOTAL INVESTMENTS - 99.7% (Cost $188,556,422) | $ | 211,395,063 | ||||||
| Other Assets in Excess of Liabilities - 0.3% | 646,818 | |||||||
| TOTAL NET ASSETS - 100.0% | $ | 212,041,881 | ||||||
Percentages are stated as a percent of net assets.
| REIT | Real Estate Investment Trust |
| (a) | Does not round to 0.1% or (0.1)%, as applicable. |
| (b) | To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors. |
| (c) | Non-income producing security. |