Wahed FTSE USA Shariah ETF (HLAL)
| Assets | n/a |
| Expense Ratio | n/a |
| PE Ratio | 24.05 |
| Shares Out | 11.55M |
| Dividend (ttm) | $0.35 |
| Dividend Yield | 0.76% |
| Ex-Dividend Date | Mar 26, 2025 |
| Payout Ratio | 18.25% |
| 1-Year Return | +0.84% |
| Volume | 64,455 |
| Open | 46.89 |
| Previous Close | 45.65 |
| Day's Range | 46.59 - 47.09 |
| 52-Week Low | 42.10 |
| 52-Week High | 55.15 |
| Beta | 1.03 |
| Holdings | 209 |
| Inception Date | Jul 16, 2019 |
About HLAL
The index is composed of common stocks of large and mid-capitalization U.S. companies the characteristics of which meet the requirements of the 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.
Top 10 Holdings
52.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 14.55% |
| Microsoft Corporation | MSFT | 13.70% |
| Meta Platforms, Inc. | META | 5.37% |
| Alphabet Inc. | GOOGL | 4.44% |
| Alphabet Inc. | GOOG | 3.72% |
| Tesla, Inc. | TSLA | 3.19% |
| Exxon Mobil Corporation | XOM | 2.38% |
| The Procter & Gamble Company | PG | 2.00% |
| Johnson & Johnson | JNJ | 1.93% |
| The Coca-Cola Company | KO | 1.45% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 26, 2025 | $0.080 | Mar 27, 2025 |
| Dec 24, 2024 | $0.08289 | Dec 26, 2024 |
| Sep 26, 2024 | $0.170 | Sep 27, 2024 |
| Jun 27, 2024 | $0.02057 | Jun 28, 2024 |
| Mar 27, 2024 | $0.03131 | Apr 1, 2024 |
| Dec 27, 2023 | $0.1419 | Dec 29, 2023 |
News
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...
HLAL: Profit From The Yield Curve Inversion
Despite a yield curve inversion, there is no recession and equities are performing well. Rising interest rates haven't led to increased interest payments for cash-rich companies. The Wahed FTSE USA Sh...
HLAL Vs. VOO: Another Shariah ETF Beating An Unrestricted Large-Cap ETF
The Wahed FTSE USA Shariah ETF has outperformed the Vanguard S&P 500 ETF over its four-year history, providing higher returns and a higher Beta. HLAL has $260m in AUM and a 50bps fee, while VOO has $3...
HLAL: Profit From The Ramadan Effect
The Ramadan effect refers to the observation that in Islamic countries stock returns during Ramadan are higher and less volatile than during the rest of the year. HLAL is biggest US shariah-compliant ...
A Critique Of Wahed FTSE Shariah ETF's Islamic Regulations
HLAL is a sharia-compliant ETF that allows devout Muslim investors to invest in public equities without violating core principles of their faith. I offer a critique of the financial ratios used to mea...
A Look At The SP Funds S&P 500 Sharia Industry Exclusions ETF
SPUS is developed to comply with Sharia guidelines and has been certified by an authority on Islamic finance.
