Wahed FTSE USA Shariah ETF

Wahed FTSE USA Shariah ETF (HLAL) is an exchange-traded fund that aims to track the FTSE USA Shariah Index, offering investors US equity exposure aligned with Shariah principles. The fund screens out companies involved in alcohol, gambling, conventional financial services, and other activities deemed non-compliant, as well as those with high leverage or non-compliant revenue mixes. It provides a passive, diversified exposure to US large- and mid-cap stocks while following ethical constraints. Investors should note this means the opportunity set is narrower than a broad US index and returns can differ from mainstream benchmarks. Like all ETFs, HLAL may experience tracking error, market volatility, and currency effects for non‑USD investors. Fees, liquidity and the specifics of the Shariah screening process are important to review before investing. This information is educational and not personalised advice; values can fall as well as rise and past performance is no guarantee of future results.