HLALWahed FTSE USA Shariah ETF

Wahed FTSE USA Shariah ETF is an exchange-traded fund designed to provide Shariah-compliant exposure to U.S. equities. The fund tracks the FTSE USA Shariah Index, which screens large- and mid-cap U.S. companies according to Islamic investment principles and removes businesses that do not meet these criteria. Managed by Wahed, the ETF uses a passive, index-tracking approach and offers investors diversified access to sectors such as technology, healthcare, industrials, and consumer-related industries through a single portfolio. Its holdings are concentrated in leading U.S. companies while maintaining compliance-focused selection standards that appeal to investors seeking faith-based equity exposure. Wahed FTSE USA Shariah ETF plays a niche but important role in the market by combining broad U.S. stock-market participation with Islamic screening requirements, making it a specialized vehicle within the equity ETF segment.