SP Funds S&P Global REIT Sharia ETF

Schedule of Investments

as of February 29, 2024 (Unaudited)

COMMON STOCKS - 2.6%	Shares		Value
Diversified – 1.8%
Arena REIT		127,594	$	284,975
Charter Hall Group		170,542		1,390,331
Kizilbuk Gayrimenkul Yatirim Ortakligi AS(a)		37,831		29,325
				1,704,631
Private Equity - 0.1%
Servet Gayrimenkul Yatirim Ortakligi AS(a)		3,743		36,927
Ziraat Gayrimenkul Yatirim Ortakligi AS		321,436		71,556
				108,483
Real Estate Management & Services - 0.5%
HMC Capital Ltd.		87,975		401,568
Shopping Centers - 0.2%
Lotus's Retail Growth Freehold And Leasehold Property Fund		564,449		206,170
TOTAL COMMON STOCKS (Cost $2,280,779)				2,420,852
REAL ESTATE INVESTMENT TRUSTS – 97.4%
REITS - Apartments - 18.5%
Asce Gayrimenkul Yatirim Ortakligi AS(a)		66,504		33,337
AvalonBay Communities, Inc.		26,442		4,681,027
Camden Property Trust		38,514		3,638,803
Equity Residential		77,976		4,694,936
Mid-America Apartment Communities, Inc.		36,618		4,602,150
				17,650,253
REITS - Diversified - 21.1%
Axis Real Estate Investment Trust		551,060		205,537
Citicore Energy REIT Corp.		855,474		41,393
Equinix, Inc.		13,291		11,813,308
IMPACT Growth Real Estate Investment Trust		235,117		77,356
MREIT, Inc.		326,943		76,189
PotlatchDeltic Corp.		28,630		1,294,362
Rayonier, Inc.		49,217		1,694,541
RL Commercial REIT, Inc.		1,254,390		117,149
Weyerhaeuser Co.		139,630		4,800,479
				20,120,314
REITS - Health Care - 1.4%
CareTrust REIT, Inc.		42,965		969,290
Parkway Life Real Estate Investment Trust		139,563		365,359
				1,334,649
REITS - Manufactured Homes - 4.8%
Equity LifeStyle Properties, Inc.		67,242		4,526,731
REITS - Regional Malls - 0.2%
IGB Real Estate Investment Trust		578,856		211,025
REITS - Storage - 15.6%
CubeSmart		81,119		3,537,600
Public Storage		39,942		11,338,335
				14,875,935

REITS - Warehouse & Industry - 35.8%(b)
BWP Trust	173,711		394,762
EastGroup Properties, Inc.	16,712		2,936,131
First Industrial Realty Trust, Inc.	47,717		2,529,001
Goodman Group	506,286		9,857,106
Innovative Industrial Properties, Inc.	10,111		990,777
Prologis, Inc.	87,036		11,599,288
Rexford Industrial Realty, Inc.	76,155		3,874,766
Terreno Realty Corp.	30,270		1,946,361
			34,128,192
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $89,754,179)			92,847,099
TOTAL INVESTMENTS - 100.0% (Cost $92,034,958)		$	95,267,951
Other Assets in Excess of Liabilities - 0.0%(c)			42,719
TOTAL NET ASSETS - 100.0%		$	95,310,670

Percentages are stated as a percent of net assets.

(a)	Non-income producing security.
(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)	Represents less than 0.05% of net assets.

Summary of Fair Value Exposure at February 29, 2024 (Unaudited)

The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. U.S. GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are:

• Level 1 — Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

• Level 2 — Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment spreads, credit risk, yield curves, default rates and similar data.

• Level 3 — Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

The following is a summary of the inputs used to value the Fund's investments as of February 29, 2024:

SP Funds S&P Global REIT Sharia ETF

	Level 1		Level 2		Level 3		Total
Assets:
Common Stocks	$	2,420,852	$	—	$	—	$	2,420,852
Real Estate Investment Trusts		92,847,099		—		—		92,847,099
Total Assets	$	95,267,951	$	—	$	—	$	95,267,951

Refer to the Schedule of Investments for industry classifications.