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 |