HLA1
•
Equity
LEVERAGE SHARES WAHED FTSE USA SHARIAH ETP
TER (bps):
5
AUM (USD m):
30
ISIN:
XS2545629631
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
United States
As of:
19 Nov 2024
Climate Fund:
No
Benchmark
The FTSE Shariah USA Index Series has been designed to be used as the basis of Shariah compliant investment products that meet the requirements of Islamic investors globally. Using the Large and Mid Cap stocks from the FTSE Global Equity Index Series as a base universe, constituents are then screened against a clear set of Shariah principles. Shariah screening is undertaken by Yasaar Limited, to create a Shariah compliant index series. The series has been fully certified as Shariah-compliant through the issue of a Fatwa (Islamic legal opinion) by Yasaar's principals
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