UMMA was created on 2022-01-07 by Wahed. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 181.74m in AUM and 94 holdings. UMMA is an actively managed fund of global ex-US securities that are determined to be Shariah-compliant based on business activities and accounting criteria. Holdings are also screened to assess ESG risks.
FAQ's for Wahed Dow Jones Islamic World ETF (UMMA)
As of August 2026, Wahed Dow Jones Islamic World ETF UMMA 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 Dow Jones Islamic World ETF using these criteria to determine its compliance status.
The Shariah compliance status of Wahed Dow Jones Islamic World 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 Dow Jones Islamic World ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
US Equity Large Cap