The index is composed of common stocks of large- and mid-capitalization U.S. companies the characteristics of which meet the requirements of Shariah and are consistent with Islamic principles as interpreted by subject-matter experts. Under normal circumstances, at least 80% of its total assets will be invested in the component securities of the index. The fund is non-diversified.
Frequently asked questions
What is the Wahed FTSE USA Shariah ETF (HLAL) expense ratio?
The Wahed FTSE USA Shariah ETF funds expense ratio is 0.5%.
What is Wahed FTSE USA Shariah ETF (HLAL) current stock price?
As of the latest data, Wahed FTSE USA Shariah ETF stock price is $73.54, with a previous close of $72.96. Wahed FTSE USA Shariah ETF gained $0.58 in the last trading session, representing a 0.8% increase.
Does Wahed FTSE USA Shariah ETF (HLAL) pay dividends?
Yes. Wahed FTSE USA Shariah ETF pays quarterly dividends with an annualized yield of 0.44% and an estimated annual payout of $0.32 per share.