HLAL Breaks Through to

Wahed FTSE USA Shariah ETF (HLAL.O) Reaches 52-Week High Amid Strong Fund Flows

Wahed FTSE USA Shariah ETF (HLAL.O) is an equity-focused exchange-traded fund that tracks a market-cap-weighted index of U.S. equities selected according to Islamic principles. With an expense ratio of 0.5% and a 1.0x leverage ratio, the fund offers investors exposure to a long-only portfolio of Sharia-compliant stocks. On the fund flow front, HLAL.O saw significant inflows on [20250916], with $556,180.25 in net fund flows from orders and an identical amount from block orders. The ETF also attracted $558,159.39 in net fund flows from extra-large orders, indicating robust institutional or large-scale investor participation. These figures highlight growing demand for the fund, particularly among strategic capital allocators.

HLAL.O's surge to a 52-week high appears linked to its technical profile. While the ETF does not currently show classic chart patterns like golden crosses or double bottoms, it has triggered an overbought signal on its RSI indicator. This suggests that the fund's price has accelerated beyond equilibrium levels, potentially due to strong buying momentum from investors capitalizing on its Sharia-compliant equity exposure. The absence of other technical signals like MACD crossovers or KDJ patterns means the overbought