What is Wahed FTSE USA Shariah ETF's Shariah compliance score?

Wahed FTSE USA Shariah ETF (HLAL) has a Shariah compliance score of 83/100 (Grade: A, Very Good). A fund is screened by looking through its holdings: each holding is screened under AAOIFI Standard No. 21 and weighed, and the fund is halal when non-compliant holdings stay under 5% of the basket by weight.

Does Wahed FTSE USA Shariah ETF pass AAOIFI look-through screening?

Wahed FTSE USA Shariah ETF (HLAL) passes AAOIFI look-through screening. A fund is screened by looking through its holdings: each holding is screened under AAOIFI Standard No. 21 and weighed, and the fund is halal when non-compliant holdings stay under 5% of the basket by weight.

How much purification is needed for Wahed FTSE USA Shariah ETF?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the percentage and amount for Wahed FTSE USA Shariah ETF (HLAL) using the latest financial data.

Where can I screen Wahed FTSE USA Shariah ETF for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Wahed FTSE USA Shariah ETF (HLAL) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening.

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HLAL: Is Wahed FTSE USA Shariah ETF Halal?

Wahed FTSE USA Shariah ETF

NASDAQ

$75.60

Market Cap: 999.5M

Compliance Status

Halal

Screened on Oct 4, 2026 · AAOIFI Standard 21 look-through

Very Good

83Score

Is Wahed FTSE USA Shariah ETF (HLAL) halal? Halal. Looking through its holdings under AAOIFI Standard 21, Wahed FTSE USA Shariah ETF keeps non-compliant holdings under 5% of its basket by weight with a compliance score of 83/100 (Grade: A).

Quote this verdict

HalalScreener rates Wahed FTSE USA Shariah ETF (HLAL) Halal, 83/100, grade A under AAOIFI Standard 21 look-through, screened Oct 4, 2026. Source: https://halalscreener.app/en/stock/HLAL

Basket rule

Close to the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

3.8% of 5.0% limit

98% of the basket's holdings were screened individually.

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Shariah Compliance Status

AAOIFI Standard 21 look-throughUpdated Oct 4, 2026

AI Compliance Insight

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Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Peripheral exposure (still halal, purify this share)

0.1%

Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.

•Basket look-through: 92.4% halal, 1.7% doubtful, 3.8% haram, 2.2% unknown

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

Basket Composition

98% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

92%

Halal92%

Doubtful2%

Not Halal4%

Unknown2%

Top Holdings

AAPLApple IncHalal13.22%MSFTMicrosoft CorpHalal9.51%GOOGLAlphabet IncHalal6.31%AVGOBroadcom IncHalal5.83%GOOGLAlphabet IncHalal5.09%METAMeta Platforms IncHalal3.97%TSLATesla IncHalal3.58%MUMicron Technology IncHalal3.24%LLYEli Lilly & CoHalal2.43%AMDAdvanced Micro Devices IncHalal2.34%

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The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

Compliance History

Halalnow
since Jun 2026
Not Halal
until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: N/AData source: FMP-LOOKTHROUGH

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1.2% non-compliant income

HLAL has 1.2% prohibited income. Calculate exactly how much of your dividends to donate.

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Frequently Asked Questions

Is Wahed FTSE USA Shariah ETF (HLAL) halal to invest in?

Wahed FTSE USA Shariah ETF (HLAL) is rated Halal by holdings look-through. Each holding is screened individually under AAOIFI Standard 21 and the result is weighed. A fund is halal when non-compliant holdings stay under 5% of the basket by weight.

Why did Wahed FTSE USA Shariah ETF get a A compliance rating?

Wahed FTSE USA Shariah ETF's grade of A (Very Good) reflects the weighted result of its holdings, not one company's ratios: debt and deposit ratios do not describe a fund.

What could change Wahed FTSE USA Shariah ETF's Shariah verdict?

Wahed FTSE USA Shariah ETF's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.

How often is Wahed FTSE USA Shariah ETF re-screened for Shariah compliance?

Wahed FTSE USA Shariah ETF is re-screened as its published holdings change. Last screened: Oct 4, 2026.

Screened by holdings look-through under AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. A fund is evaluated by screening its holdings under AAOIFI financial standards and weighing the result, using publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.