The fund uses a "passive management" approach to track the performance of the index. The index is composed of the common stock of large capitalization U.S. companies. The index is constructed by evaluating the components of the index, using the Russell IdealRatings system, to identify companies that comply with Shariah principles. These ratings were developed based on the AAOFI. The fund is non-diversified.
Frequently asked questions
What is Manzil Russell Halal USA Broad Market ETF (MNZL) current stock price?
As of the latest data, Manzil Russell Halal USA Broad Market ETF stock price is $60.82, with a previous close of $60.29. Manzil Russell Halal USA Broad Market ETF gained $0.53 in the last trading session, representing a 0.88% increase.
Does Manzil Russell Halal USA Broad Market ETF (MNZL) pay dividends?
Yes. Manzil Russell Halal USA Broad Market ETF pays annual dividends with an annualized yield of 0.03% and an estimated annual payout of $0.02 per share.