Wahed Dow Jones Islamic World ETF
Wahed Dow Jones Islamic World ETF (UMMA) is a passively managed exchange-traded fund that aims to track the Dow Jones Islamic Market World Index, offering diversified exposure to global equities that meet Shariah principles. It seeks to exclude businesses involved in interest-bearing activities, alcohol, gambling, and other sectors inconsistent with Islamic investing. As an ETF, UMMA trades like a stock on an exchange, providing intraday liquidity and potentially lower costs versus actively managed alternatives. Investors should be aware that performance will follow the underlying index and is not guaranteed; values can rise or fall and currency movements may affect returns. Market-cap data may not be applicable to the fund itself. This summary is educational only and not personal financial advice — suitability depends on individual circumstances, investment horizon and attitude to risk.
Stock Performance Snapshot
Dividend
Wahed Dow Jones Islamic World ETF offers a below-average dividend yield of 1.04%. If you invested $1000 you would be paid $10.40 a year in dividends (based on the last 12 months).
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Baskets Featuring UMMA
Islamic Finance Leaders
This carefully selected group of stocks represents companies at the forefront of Sharia-compliant finance. Our professional analysts have identified these opportunities based on their adherence to Islamic principles while meeting strong financial criteria.
Published: June 18, 2025
Explore BasketWhy You’ll Want to Watch This Stock
Global Shariah Exposure
Gives diversified access to international companies that meet Islamic investment screens, though regional and sector weights can still concentrate risk.
Passive, Diversified Access
Tracks an index for broad exposure with intraday trading convenience, while tracking error and market swings mean returns are not guaranteed.
Considered Risks
Includes market, currency and tracking risks; suitability depends on personal goals and risk tolerance — this is educational information, not advice.
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