HLAL: Wahed FTSE USA Shariah ETF
US equity (large/mid cap) from Wahed Invest, 0.50% MER, bought in USD on a US exchange.
Fund facts
Figures as of July 17, 2026 (fee data November 1, 2026); fee confirmed on the provider’s own page.
- Provider
- Wahed Invest
- Type
- US equity (large/mid cap)
- Listing
- Nasdaq · USD
- MER
- 0.50%
- Inception
- 2019-07-16
- Holdings
- 213
What it tracks & who certifies it
FTSE Shariah USA Index, screened by Yasaar Limited scholars with a published fatwa (FTSE Shariah methodology, AAOIFI-comparable).
Top holdings
A dated snapshot (as of July 17, 2026); the official fund page always carries the live, complete list. These 8 holdings are 53.7% of the fund, out of 213 in total.
- Apple Inc (AAPL)12.48%
- NVIDIA Corp (NVDA)12.29%
- Microsoft Corp (MSFT)7.72%
- Alphabet Inc Class A (GOOGL)5.32%
- Broadcom Inc (AVGO)4.76%
- Alphabet Inc Class C (GOOG)4.31%
- Meta Platforms Inc (META)3.76%
- Tesla Inc (TSLA)3.04%
Apple and NVIDIA are neck-and-neck at ~12% each, so the top spot can swap with daily price moves. Counting both Alphabet share classes together (~9.6%) would rank it third.
How Canadians buy HLAL
USD via a US exchange, a direct alternative to SPUS with a different index methodology.
About US$1.0B in assets per fund databases (October 2026); fee 0.50% per the September 2026 prospectus. Historically slightly more concentrated tech exposure than SPUS.
Official fund page: live price & full holdings →
Compare HLAL against every halal ETF (fees on your amount) →
Common questions
Is HLAL Shariah-compliant (halal)?
HLAL is screened as follows: FTSE Shariah USA Index, screened by Yasaar Limited scholars with a published fatwa (FTSE Shariah methodology, AAOIFI-comparable). Screening standards differ between index families, so verify the methodology against the standard you follow before investing.
What does HLAL cost per year?
The management expense ratio is 0.50% per year: about $50 annually on a $10,000 holding, deducted inside the fund rather than billed to you.
Can Canadians hold HLAL in a TFSA or RRSP?
Yes, in registered accounts at any Canadian broker with US-market access. In an RRSP the Canada–US treaty waives the 15% US withholding tax on distributions; a TFSA, FHSA or RESP gets no treaty relief, so 15% comes off every distribution.