Wahed FTSE USA Shariah ETF (HLAL)
Market Closed
20 Jun, 17:16
$
52. 02
+0.02
+0.04%
$
595.91M Market Cap
0.08% Div Yield
2,851 Volume
$ 52
Previous Close Day Range
51.82 52.42
Year Range
42.1 55.15
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HLAL: A Screening Methodology That Appeals
HLAL is a Shariah-compliant ETF offering broad U.S. market exposure with a focus on low debt and ethical business practices. The fund tracks the FTSE USA Shariah Index, emphasizing tech and healthcare sectors, with Apple and Microsoft comprising nearly 30% of the portfolio. HLAL's sector allocation favors tech (56.6%) and healthcare (12.2%), avoiding industries like alcohol, tobacco, and conventional financial services.
Seekingalpha | 8 months ago
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