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HLAL ETF Profile


Family: Wahed Invest
Name: Wahed FTSE USA Shariah ETF
Inception Date: 16-Jul-2019
Termination Date:
Investment Objective: The investment seeks to track the total return performance, before fees and expenses, of the FTSE USA Shariah Index. The FTSE Global Equity Shariah Index Series has been designed to be used as the basis of Shariah compliant investment products that meet the requirements of Islamic investors globally. Using the Large and Mid Cap stocks from the FTSE Global Equity Index Series as a base universe, constituents are then screened against a clear set of Shariah principles. Shariah screening is undertaken by Yasaar Limited, to create a Shariah compliant index series. The series has been fully certified as Shariah-compliant through the issue of a Fatwa (Islamic legal opinion). The FTSE Shariah USA Index contains USA stocks that meet these criteria. The FTSE Shariah USA Index has been fully certified as Shariah-compliant through the issue of a Fata (Islamic legal opinon) by Yasaars principals.
Prospectus
Top 10 Holdings
Apple Inc AAPL 15.3400%
Microsoft Corp MSFT 13.1600%
Meta Platforms Inc META 6.4500%
Alphabet Inc GOOGL 4.4600%
Alphabet Inc GOOG 3.7100%
Tesla Inc TSLA 3.4600%
Exxon Mobil Corp XOM 2.2600%
Procter & Gamble Co/The PG 1.8600%
Johnson & Johnson JNJ 1.8100%
Coca-Cola Co/The KO 1.2600%
Top 10 Holdings Weight: 53.8%
Number of Holdings: 210
Shares Outstanding: 11,100,000
Total Net Assets: 570,762,000
NAV: 51.44
Net Expense Ratio: 0.50%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
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Market Cap: Large & Mid Cap
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Is Currency Hedged: No
US or Ex-US: Domestic