HLAL

Fund Description
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.
Fund Profile
Fund Name Wahed FTSE USA Shariah ETF
Fund Exchange Ticker HLAL
Fund Sponsor Wahed Invest
Fund ISIN US53656F6079
Net Expense Ratio 0.50 %
Fund Inception Date 16 July 2019
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Factor & Thematic
Asset Class Equities (Stocks)
Index Linked Passive
Index Name FTSE USA Shariah Index
Index Provider FTSE Russell
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large & Mid Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 30 October 2020
Asset Under Management 48.26 Million (USD)
1 Month Total Return -4.69 %
Year To Date Return 5.10 %
1 Year Total Return 14.51 %
3 Year Annualized Total Return
NAV 28.8148
Share Outstanding 1,675,000
Top 10 Holdings (30 October 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
APPLE INC AAPL EQUI 0.1839000000
JOHNSON & JOHNSON JNJ EQUI 0.0379000000
PROCTER & GAMBLE CO/THE PG EQUI 0.0350000000
TESLA INC TSLA EQUI 0.0300000000
ADOBE SYSTEMS INCORPORATED ADBE EQUI 0.0225000000
SALESFORCE.COM INC CRM EQUI 0.0210000000
PFIZER INC PFE EQUI 0.0207000000
MERCK & CO. INC. MRK EQUI 0.0199000000
INTEL CORP INTC EQUI 0.0196000000
THERMO FISHER SCIENTIFIC INC TMO EQUI 0.0195000000