Halal Finance

UMMA — Wahed Dow Jones Islamic World ETF

Global ex-US equity from Wahed Invest, 0.65% MER. What it tracks, who certifies it, what it holds, and how a Canadian actually buys it.

Fund facts

Figures as of July 18, 2026 (fee data July 6, 2026); fee confirmed on the provider’s own page.

Provider
Wahed Invest
Type
Global ex-US equity
Listing
Nasdaq · USD
MER
0.65%
Inception
2022-01-07
Holdings
101
Distributions
Quarterly
Dist. yield
1.00% (TTM distribution)

What it tracks & who certifies it

Dow Jones Islamic Market International Titans 100 Index (AAOIFI-aligned DJIM screens).

Top holdings

A dated snapshot (as of July 18, 2026); the official fund page always carries the live, complete list.

Sector weights

Technology48.2%
Healthcare14.8%
Industrials12.1%
Basic Materials8.8%
Consumer Cyclical7.3%

How Canadians buy UMMA

USD via a US exchange, the international complement to HLAL.

0.65% consistent across the SEC Form 497 filing and data providers. About $199M in assets, the highest fee among US-listed halal ETFs.

Official fund page — live price & full holdings →

Compare UMMA against every halal ETF (fees on your amount) →

Common questions

Is UMMA Shariah-compliant (halal)?

UMMA is screened as follows: Dow Jones Islamic Market International Titans 100 Index (AAOIFI-aligned DJIM screens). Screening standards differ between index families — verify the methodology against the standard you follow before investing.

What does UMMA cost per year?

The management expense ratio is 0.65% per year — about $65 annually on a $10,000 holding, deducted inside the fund rather than billed to you.

Can Canadians hold UMMA 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.

Educational information, not investment advice and not a fatwa. Holdings, yields and fees are dated snapshots that change; always confirm on the official fund page and verify the Shariah screening against the standard you follow. Questions or stale numbers? [email protected].