Wahed FTSE USA Shariah ETF logo

Wahed FTSE USA Shariah ETF (HLAL)

Market Closed
16 Oct, 08:00 PM
$
73. 33
-1.26
-1.6897%
$
1B Market Cap
0.08% Div Yield
48,618 Volume
$ 74.59
Previous Close
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Day Range
73.18 74.57
Year Range
57.22 76.87
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HLAL: A Screening Methodology That Appeals

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 | 2 years ago