Is HLAL Halal? HLAL ETF Review
Wahed FTSE USA Shariah ETF
The short answer
HLAL is marketed as a Shariah-compliant ETF by Wahed. It uses ftse shariah methodology with independent shariah oversight and provides shariah-compliant us large- and mid-cap companies. Investors should verify the latest issuer documents and seek scholar review for their circumstances.
HLAL key facts
- Full name
- Wahed FTSE USA Shariah ETF
- Issuer
- Wahed
- Exchange
- Nasdaq
- Domicile
- United States
- Exposure
- Shariah-compliant US large- and mid-cap companies
- Index / approach
- FTSE USA Shariah Index
- Expense ratio
- 0.50%
- Income treatment
- Distributing
What HLAL owns
HLAL tracks a FTSE screen of the US market and includes both large- and mid-cap companies. It is a close SPUS alternative, but its index provider, constituent rules, rebalancing, and resulting weights are different.
Where it can fit
A core US equity allocation for investors who prefer Wahed and the FTSE Shariah methodology.
A fund's role is more important than its ticker: compare geographic coverage, asset class, concentration, income treatment, tax domicile, and trading access before combining ETFs.
Shariah screening
FTSE Shariah methodology with independent Shariah oversight. The fund issuer is responsible for its stated methodology and governance. Compliance can change as holdings, company finances, index rules, and scholarly judgments change.
Why investors consider HLAL
- Broader size coverage than a pure large-cap mandate
- Wahed publishes Shariah governance documents and purification information
- Useful direct comparison candidate for SPUS
Risks and trade-offs
- Technology and growth-stock concentration can be substantial
- Its holdings can overlap heavily with other US halal funds
- The fee is higher than a conventional broad-US index ETF
Verify the primary source
Fund details can change after our July 11, 2026 review. Confirm the latest prospectus, fee, holdings, distribution policy, Shariah certificate, and exchange line with the issuer.
Wahed — HLAL fund pageHLAL frequently asked questions
Is HLAL halal?
HLAL is marketed as a Shariah-compliant ETF by Wahed. It uses ftse shariah methodology with independent shariah oversight and provides shariah-compliant us large- and mid-cap companies. Investors should verify the latest issuer documents and seek scholar review for their circumstances.
What does HLAL invest in?
HLAL provides shariah-compliant us large- and mid-cap companies. Its benchmark or approach is FTSE USA Shariah Index.
What is the HLAL expense ratio?
The issuer materials reviewed on July 11, 2026 list 0.50%. Verify the current figure before investing because fees can change.
What role can HLAL play in a halal portfolio?
A core US equity allocation for investors who prefer Wahed and the FTSE Shariah methodology.