HLAL
Closed
Wahed Ftse Usa Shariah Etf
53.47
-0.05 (-0.09%)
Last Update: 01 Jul 2025 23:15:00
Yesterday: 53.52
Day's Range: 53.3005 - 53.57
Send
sign up or login to leave a comment!
When Written:
38.86
Wahed FTSE USA Shariah ETF is an exchange-traded fund that invests in U.S. companies that comply with Islamic principles. It is managed by Wahed Invest LLC, a New York-based investment firm that specializes in halal investing.
The ETF tracks the performance of the FTSE USA Shariah Index, which is designed to measure the performance of U.S. companies that meet Shariah compliance criteria. These criteria include avoiding investments in companies that deal with alcohol, tobacco, gambling, and other prohibited activities.
The Wahed FTSE USA Shariah ETF is designed to provide investors with exposure to the U.S. equity market while adhering to Islamic principles. It offers a diversified portfolio of U.S. companies across various sectors, including technology, healthcare, consumer discretionary, and financials.
The ETF has a low expense ratio of 0.50%, making it an affordable option for investors looking to invest in Shariah-compliant U.S. companies. It is also listed on the New York Stock Exchange (NYSE), making it easily accessible to investors.
Overall, the Wahed FTSE USA Shariah ETF is a suitable investment option for investors looking to invest in U.S. companies that comply with Islamic principles. It offers exposure to a diversified portfolio of U.S. companies while adhering to Shariah compliance criteria.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The ETF tracks the performance of the FTSE USA Shariah Index, which is designed to measure the performance of U.S. companies that meet Shariah compliance criteria. These criteria include avoiding investments in companies that deal with alcohol, tobacco, gambling, and other prohibited activities.
The Wahed FTSE USA Shariah ETF is designed to provide investors with exposure to the U.S. equity market while adhering to Islamic principles. It offers a diversified portfolio of U.S. companies across various sectors, including technology, healthcare, consumer discretionary, and financials.
The ETF has a low expense ratio of 0.50%, making it an affordable option for investors looking to invest in Shariah-compliant U.S. companies. It is also listed on the New York Stock Exchange (NYSE), making it easily accessible to investors.
Overall, the Wahed FTSE USA Shariah ETF is a suitable investment option for investors looking to invest in U.S. companies that comply with Islamic principles. It offers exposure to a diversified portfolio of U.S. companies while adhering to Shariah compliance criteria.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
(0)
(0)
Send
sign up or login to leave a comment!!