Wahed Dow Jones Islamic World ETF
UMMA
NASDAQ Global Market- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Wahed Dow Jones Islamic World ETF (UMMA) is a Shariah-compliant exchange-traded fund that provides exposure to international (non-U.S.) equities across developed and emerging markets, tracking the Dow Jones Islamic Market International Titans 100 Index while incorporating ESG risk assessments. The fund invests primarily in equity securities, including common stocks and American Depositary Receipts, of large- and mid-cap companies screened for adherence to Islamic principles, excluding sectors such as alcohol, pork-related products, conventional financial services, entertainment, tobacco, and weapons; top holdings include Taiwan Semiconductor Manufacturing Company Limited (13.56%), Infineon Technologies AG (4.38%), ASML Holding NV (3.53%), SAP SE (3.46%), and Nestle SA (2.98%), with a total of 98 holdings, a 0.65% expense ratio, quarterly distributions, and approximately $152 million in assets under management. Launched on January 7, 2022, and listed on Nasdaq, UMMA is issued by Listed Funds Trust, advised and managed by Wahed Invest LLC, with U.S. Bank National Association as custodian and U.S. Bancorp Fund Services, LLC as administrator. The fund targets ethical investors seeking Shariah-compliant, values-based exposure to global growth-oriented equities outside the U.S. Wahed Invest LLC, headquartered at 27 East 28th Street, 8th Floor, New York, New York, founded in 2015, serves as the investment adviser and operates a broader fintech platform offering automated Shariah-compliant investing solutions, including managed portfolios, Sukuks, U.S. stocks, emerging market equities, real estate, and gold, serving over 400,000 clients across more than 130 countries with offices in the United States, United Kingdom, Malaysia, Saudi Arabia, and other regions. Recent developments include strategic investments to support expansion, such as undisclosed funding from Qatar Development Bank in November 2024 to bolster Middle East growth and global Shariah-compliant offerings, and a strategic investment from Abu Dhabi-based Phoenix Venture Partners in 2025 ahead of a Series C round, aimed at new product launches and enhanced regulatory presence across nine jurisdictions. These moves align with Wahed's growth in managing over $1 billion in assets and advancing financial inclusion through its digital platform.