Wahed Launches Nasdaq's First Shariah-Compliant ESG ETF, UMMA

Wahed has launched the Nasdaq's first Shariah-compliant and ESG-aware ETF, the Wahed Dow Jones Islamic World ETF (UMMA). Wahed, a New York-based firm that aims to advance financial inclusion through accessible, affordable, and values-based investing, launched its second ETF, UMMA, in collaboration with the U.S. Bank's Listed Funds Trust and Dow Jones.

ETF Trends • Jan 7, 2022

Wahed Debuts First Shariah-Compliant and ESG-Aware ETF on Nasdaq

NEW YORK--(BUSINESS WIRE)---- $UMMA--Wahed, a financial investment company that aims to advance financial inclusion through accessible, affordable, and values-based investing, will debut the Nasdaq's first Shariah-compliant and ESG-aware ETF today. The Wahed Dow Jones Islamic World ETF (Ticker: UMMA), which will begin trading today on the Nasdaq, seeks long-term capital appreciation and looks to provide investors access to international, ex-U.S. investments that seek to better align with their values. Th

Business Wire • Jan 7, 2022