UMMA — Wahed Dow Jones Islamic World ETF
Explicitly screened and structured to be Sharia-compliant.
Why?
UMMA tracks the Dow Jones Islamic World Index, applying business-activity and financial-ratio Sharia screens to a global equity universe. It is issued by Wahed.
How this was screened
Primary basis: Fund's own stated mandate.
References
- Screened against commonly applied Islamic finance criteria (business-activity exclusions plus AAOIFI-influenced financial ratio thresholds); exact methodology varies by provider (e.g. AAOIFI, S&P/Dow Jones Islamic Market, MSCI Islamic).
As of: 2026-09-06
This is informational guidance only, not investment advice or a certified Sharia determination. Financial ratios shift every quarter — always verify current figures with a dedicated Islamic screening service or qualified financial and religious advisor before making investment decisions.