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UMMA
Wahed Dow Jones Islamic World ETF
UMMA
$24.93arrow_drop_down1.81%-$0.46

Performance History

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About Wahed Dow Jones Islamic World ETF (UMMA)

The Wahed Dow Jones Islamic World ETF (UMMA) is an exchange-traded fund that aims to provide investors with exposure to the performance of the Dow Jones Islamic Market Index. The fund seeks to track the price and yield performance, before fees and expenses, of the index. UMMA invests in a diverse range of companies that meet the Islamic principles of investing, which include avoiding investments in companies that are involved in activities such as interest-based financial services, alcohol, gambling, pork-related products, and weapons manufacturing. The fund is managed by Wahed Invest LLC, a global Islamic fintech platform that offers digital investment services.
UMMA provides investors with a Shariah-compliant investment option that aligns with their values and beliefs. The fund offers broad exposure to companies across various sectors and regions, including developed and emerging markets. With UMMA, investors can gain access to a diversified portfolio of assets that are screened according to Islamic principles. The fund's objective is to provide investors with long-term capital appreciation through a disciplined investment approach. UMMA is suitable for investors who seek Halal investment opportunities and want to invest according to Islamic principles.
Sector
Industry
CEO
Headquarters
Employees
0
Exchange
NASDAQ

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

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