HLAL ETF
HLAL is a Sharia-compliant exchange-traded fund designed to provide diversified exposure to U.S. equities while applying an Islamic screening methodology. It is one of the investment products Muslim investors may consider when building a halal portfolio.
Fair Meridian's HLAL resources examine the fund's role in halal ETF investing and compare it with other Sharia-compliant investment products. Important considerations include screening methodology, holdings, diversification, fees, risk, performance, and purification.
Islamic investment screening is methodology-dependent, so investors should understand how a fund determines permissible and impermissible securities. Holdings and fund characteristics can also change, meaning historical information should not automatically be treated as current.
These articles provide educational information to help Muslim investors research HLAL and understand how it fits within the wider halal investing landscape.