Is Wahed FTSE USA Shariah ETF halal to invest in?

As of September 2026, Wahed FTSE USA Shariah ETF HLAL is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Wahed FTSE USA Shariah ETF a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Wahed FTSE USA Shariah ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Wahed FTSE USA Shariah ETF updated?

The Shariah compliance status of Wahed FTSE USA Shariah ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Wahed FTSE USA Shariah ETF become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of Wahed FTSE USA Shariah ETF?

You can check the latest Shariah compliance status of Wahed FTSE USA Shariah ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Wahed FTSE USA Shariah ETF HLAL

HLAL Shariah Compliance

HALAL

Is Wahed FTSE USA Shariah ETF Halal?

Shariah Compliance Analysis of HLAL ETF

US Equity Total Market

Yes. As of September 2026, Wahed FTSE USA Shariah ETF (HLAL) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Wahed FTSE USA Shariah ETF passes Musaffa's business and financial screening criteria.

HLAL was created on 2019-07-16 by Wahed. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 714.08m in AUM and 198 holdings. HLAL tracks a principles-selected, market-cap-weighted index of US equities.

Wahed FTSE USA Shariah ETF (HLAL) Chart

Key Statistics of Wahed FTSE USA Shariah ETF (HLAL)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
43.60%
Health Care
13.78%
Communication Services
10.11%
Industrials
6.65%
Energy
6.05%
Consumer Discretionary
5.75%
Consumer Staples
4.40%
Other
4.07%
Materials
3.45%
Real Estate
1.16%
Utilities
0.51%
Financials
0.47%

FAQ's for Wahed FTSE USA Shariah ETF (HLAL)

As of September 2026, Wahed FTSE USA Shariah ETF HLAL is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Wahed FTSE USA Shariah ETF using these criteria to determine its compliance status.
The Shariah compliance status of Wahed FTSE USA Shariah ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of Wahed FTSE USA Shariah ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.