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

Wahed FTSE USA Shariah ETF (HLAL) has a Shariah compliance score of 85/100 (Grade: A, Very Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Wahed FTSE USA Shariah ETF pass AAOIFI screening?

Wahed FTSE USA Shariah ETF (HLAL) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (HLAL: 0.0%), (3) interest-bearing deposits below 30% (HLAL: 0.0%), and (4) prohibited income below 5% (HLAL: 0.8%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

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

Wahed FTSE USA Shariah ETF (HLAL) has a non-permissible income ratio of 0.84%. Muslim investors should purify this percentage of any dividends received and capital gains realized from HLAL shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation 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 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about HLAL's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Wahed FTSE USA Shariah ETF (HLAL) halal? Halal. Based on AAOIFI screening, Wahed FTSE USA Shariah ETF passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 85/100 (Grade: A).

HLAL: Is Wahed FTSE USA Shariah ETF Halal?

Halal

Wahed FTSE USA Shariah ETF

NASDAQ

$70.72

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026

Very Good

Strong compliance across all metrics

85Score

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)

0.2%

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

•Basket look-through: 92.8% halal, 1.5% doubtful, 4.1% haram, 1.6% 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.

93%

Halal93%

Doubtful1%

Haram4%

Unknown2%

Top Holdings

AAPLApple Inchalal13.97%MSFTMicrosoft Corphalal10.57%GOOGLAlphabet Inchalal6.57%GOOGLAlphabet Inchalal5.35%METAMeta Platforms Inchalal5.13%TSLATesla Inchalal4.12%LLYEli Lilly & Cohalal2.68%XOMExxon Mobil Corphalal2.34%JNJJohnson & Johnsonhalal2.17%MUMicron Technology Inchalal1.67%

Compliance History

Halalnow
since Jun 2026
Not Halal
until the change above

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

Screened: Jun 18, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

Purify Your HLAL Dividends

0.8% non-compliant income

HLAL has 0.8% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

917.2M

Price

$70.72

Sector

Industry

Free · No credit card required

Track HLAL and 10,000+ 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

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

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

Based on AAOIFI Standard 21 screening, Wahed FTSE USA Shariah ETF (HLAL) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

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

Wahed FTSE USA Shariah ETF's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.

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 (HLAL) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 18, 2026.

Screened according to 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. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and 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.