What is Wahed Dow Jones Islamic World ETF's Shariah compliance score?

Wahed Dow Jones Islamic World ETF (UMMA) has a Shariah compliance score of 79/100 (Grade: B+, 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 Dow Jones Islamic World ETF pass AAOIFI look-through screening?

Wahed Dow Jones Islamic World ETF (UMMA) 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 Dow Jones Islamic World 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 Dow Jones Islamic World ETF (UMMA) using the latest financial data.

Where can I screen Wahed Dow Jones Islamic World ETF for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Wahed Dow Jones Islamic World ETF (UMMA) 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.

UMMAHalalB+

Unlock full report, free

UMMA: Is Wahed Dow Jones Islamic World ETF Halal?

Wahed Dow Jones Islamic World ETF

NASDAQFinancial ServicesUS

$37.77

Market Cap: 311.1M

Compliance Status

Halal

Screened on Sep 28, 2026 · AAOIFI Standard 21 look-through

B+

Good

79Score

Is Wahed Dow Jones Islamic World ETF (UMMA) halal? Halal. Looking through its holdings under AAOIFI Standard 21, Wahed Dow Jones Islamic World ETF keeps non-compliant holdings under 5% of its basket by weight with a compliance score of 79/100 (Grade: B+).

Quote this verdict

HalalScreener rates Wahed Dow Jones Islamic World ETF (UMMA) Halal, 79/100, grade B+ under AAOIFI Standard 21 look-through, screened Sep 28, 2026. Source: https://halalscreener.app/en/stock/UMMA

Basket rule

Within the limit

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

2.8% of 5.0% limit

91% of the basket's holdings were screened individually.

Get an email if UMMA's halal status changes

We re-screen Wahed Dow Jones Islamic World ETF daily. If the verdict moves, you hear about it the same day.

Free. One click sets it up, and you can unsubscribe any time.

About Wahed Dow Jones Islamic World ETF

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.

Sector: Financial Services · Industry: Asset Management - Global

Shariah Compliance Status

AAOIFI Standard 21 look-throughUpdated Sep 28, 2026

AI Compliance Insight

PRO

Institutional-grade Shariah analysis

Card needed, nothing charged today

See why UMMA is rated Halal with institutional-grade analysis

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)

0.0%

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

•Basket look-through: 83.5% halal, 5.0% doubtful, 2.8% haram, 8.7% unknown

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

Basket Composition

91% 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.

84%

Halal84%

Doubtful5%

Not Halal3%

Unknown8%

Top Holdings

TSMTSMCHalal10.04%SSNLFSamsung Electronics Co LtdHalal8.24%SKHYSK hynix IncHalal8.14%ASMLASML Holding NVHalal5.32%IFNNYInfineon Technologies AGHalal4.19%MRAAYMurata Manufacturing Co LtdHalal3.04%AZNAstraZeneca PLCHalal2.56%NVSNovartis AGHalal2.51%RHHBYRoche Holding AGHalal2.46%NSRGYNestle SADoubtful2.27%

PRO DETAIL

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.

Card needed, nothing charged today

Screened according to AAOIFI Standard 21

Compliance History

Halalnow
since Aug 2026
Not Halal
until the change above
Halal
until the change above
Under Review
until the change above

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

Fiscal: N/AData source: FMP-LOOKTHROUGH

Purify Your UMMA Dividends

1.0% non-compliant income

UMMA has 1.0% prohibited income. Calculate exactly how much of your dividends to donate.

More Financial Services Stocks

JPM

JPMorgan Chase & Co.

Visa Inc.

Mastercard Incorporated

PYPL

PayPal Holdings, Inc.

C+

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

Track UMMA and 8,200+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

8,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Wahed Dow Jones Islamic World ETF (UMMA) halal to invest in?

Wahed Dow Jones Islamic World ETF (UMMA) 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 Dow Jones Islamic World ETF get a B+ compliance rating?

Wahed Dow Jones Islamic World ETF's grade of B+ (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 Dow Jones Islamic World ETF's Shariah verdict?

Wahed Dow Jones Islamic World 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 Dow Jones Islamic World ETF re-screened for Shariah compliance?

Wahed Dow Jones Islamic World ETF is re-screened as its published holdings change. Last screened: Sep 28, 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.