Symbols

HLAL

Wahed FTSE USA Shariah ETF·NASDAQ

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Key Stats

Assets Under Management

733.04MUSD

Fund Flows (1Y)

32.61MUSD

Dividend Yield

0.52%

Discount/Premium to NAV

0.02%

Shares Outstanding

11.80M

Expense Ratio

0.50%

About Wahed FTSE USA Shariah ETF

Issuer

Wahed Invest LLC

Brand

Wahed

Home Page

https://www.wahed.com/global/hlal

Inception Date

Jul 16, 2019

Structure

Open-Ended Fund

Index Tracked

FTSE Shariah USA Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Wahed Invest LLC

Distributor

Quasar Distributors LLC

HLAL invests in US equities that conform to Shariah standards. Securities are screened to determine their Shariah status based on their business activities and certain financial ratios. More importantly, businesses involved in certain activities are prohibited from inclusion in the index. Examples of such activities include conventional finance, alcohol production or sale, pork-related products or non-halal food-related businesses, casino management, adult entertainment, tobacco production/sales, and weapons-related businesses. HLAL includes large- and midcap equities.