UMMA: Wahed Dow Jones Islamic World ETF
Global ex-US equity (actively managed) from Wahed Invest, 0.65% MER, bought in USD on a US exchange.
Fund facts
Figures as of July 18, 2026 (fee data November 1, 2026); fee confirmed on the provider’s own page.
- Provider
- Wahed Invest
- Type
- Global ex-US equity (actively managed)
- Listing
- Nasdaq · USD
- MER
- 0.65%
- Management
- Actively managed (no index to track)
- Inception
- 2022-01-07
- Holdings
- 101
- Distributions
- Quarterly
- Dist. yield
- 1.00% (TTM distribution)
What it tracks & who certifies it
Actively managed; seeks returns similar to the 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. These 8 holdings are 38.5% of the fund, out of 101 in total.
- Samsung Electronics Co., Ltd.8.45%
- SK hynix Inc.7.27%
- Taiwan Semiconductor Manufacturing Company Limited5.48%
- ASML Holding N.V.4.47%
- Infineon Technologies AG3.65%
- Constellation Software Inc.3.31%
- AstraZeneca PLC2.95%
- Roche Holding AG2.94%
Sector weights
How Canadians buy UMMA
USD via a US exchange, the international complement to HLAL.
Actively managed: it does not track its reference index and may invest without limit in emerging and frontier markets. Fee 0.65% per its May 2026 annual report and the September 2026 prospectus. About US$280M in assets (May 31, 2026).
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: Actively managed; seeks returns similar to the Dow Jones Islamic Market International Titans 100 Index (AAOIFI-aligned DJIM screens). Screening standards differ between index families, so 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.