Wahed Dow Jones Islamic World ETF (UMMA)
UMMA Price Chart
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UMMA ETF Profile
Key details and information about Wahed Dow Jones Islamic World ETF (UMMA).
Sector Focus
Financial Services
Industry
Asset Management - Global
Inception Date
7 Jan 2022
Country
US
Description
This actively managed Exchange-Traded Fund (ETF) strategically invests in the equity securities of companies around the globe, with the specific exclusion of those domiciled in the United States. A core principle of its investment strategy is to select companies that fully comply with Shariah law and Islamic principles, as interpreted by subject-matter experts. The fund aims to mirror the composition and performance of the Dow Jones Islamic Market International Titans 100 Index by investing in similar securities. It is important to note that this fund is non-diversified.
UMMA ETF Performance
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