17.06.2024 Issuer Call Redemption Notice


Wahed FTSE USA Shariah

The Wahed FTSE USA Shariah ETF (HLAL) seeks to track the total return performance, before fees and expenses, of the FTSE Shariah USA Index (the “Index”). The Index is constructed using an objective, rules-based methodology and is comprised of Shariah compliant companies included in the FTSE USA Index, by weighted market capitalization and relevant financial ratios.

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Why Wahed FTSE USA Shariah?

Access a trend following systematic strategy.

Aims to outperform the S&P 500 over a market cycle.

Can go long or short the S&P 500 (max. leverage 1.5x) or invest in cash.

Physically-backed product

Simple. Traded like 
any other stock.

Investment Strategy

1. Access passive index exposure to US (large and mid-cap).
2. Shariah-compliant stocks.
3. Offered in GBP, USD and EUR at low fees. Simple. Traded like any other stock.

Investment Objective

1. ETP fully invested into the Wahed FTSE USA Shariah ETF.
2. The ETP seeks to maximize total return by investing in US (large and mid-cap) Shariah-compliant stocks.

Safety and Trust

1. Trusted and experienced active management team.
2. Index fully certified as Shariah-compliant through a fatwa (Islamic legal opinion) issued by subject experts.


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Investment Advisor

Company Name
Wahed Invest LLC

Company Website

Investor Relations

+44 808 169 6662

Compliance Contact


Regulator Link

Tax & Legal

Underlying ETF Cost

SIPP / ISA eligible

UK Fund Reporting Status
Yes (effective 11/10/22)

US IRS Sec 871(m)
Not applicable

ETP Documents


Required Information

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