HLAL
ETF evidence record
Wahed FTSE USA Shariah ETF
Wahed · US equity · NASDAQ
Fund-level assessment
Review requiredThe fund record still needs evidence review.
A public identity record exists, but the required methodology and evidence review are not yet complete.
Holdings date2026-05-31 SEC annual report; import and coverage review pending
CoverageNot reviewed
MethodHIG-ETF 0.1-draft
Fund snapshot
Fields that change the answer
IssuerWahed
Asset classUS equity
Fund domicileUnited States
Listings / dealing linesNASDAQ
Known tickersHLAL
BenchmarkFTSE Shariah USA Index
Expense ratio0.50%
Shariah oversightWahed publishes a Fatwa, Shariah audit reports, holdings, purification reports, factsheet, and prospectus. Provider-published statement; editorial verification remains pending.
Purification policyWahed discloses quarterly per-share purification figures. The 2026-06-30 document is listed by the issuer; values still require structured capture.
Portfolio screening
Latest disclosed holdings
Holdings have not completed import and review.Until every disclosed position and unresolved cash or derivative bucket is classified, the ETF remains Review required.
Fund evidence
Issuer and methodology documents
HLAL official product and document pageConfirms NASDAQ listing, FTSE Shariah USA Index and official factsheet, holdings, prospectus and quarterly purification document access.Verified source ↗HLAL SEC summary prospectusConfirms objective, 0.50% expense ratio, Yasaar review and quarterly per-share purification publication.Verified source ↗HLAL annual report and Schedule of InvestmentsAudited financial report with the disclosed Schedule of Investments. Holdings have not yet been imported into HalalInvestGuide's coverage model.Verified source ↗FTSE Yasaar Shariah Index ground rulesOfficial index governance and Shariah screening rules; fund-level annual Shariah audit evidence remains a separate check.Verified source ↗
Required before Pass
- Current prospectus and index methodology.
- Current holdings with no unexplained weight.
- Documented oversight and purification treatment where applicable.
Current limits
- No pass or fail result is published until the methodology and required evidence have been approved.
- This page is educational research, not a fatwa, certification, or personal investment recommendation.