Trade Wahed Dow Jones Islamic World ETF - UMMA CFD

Trading Conditions

• Type: CFD
• Spread: 0.24
• Long position overnight funding adjustment: -0.02165%
• Short position overnight funding adjustment: -0.00057%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 30.55
• Open: 31.1
• 1-Year Change: 0.06%
• Day's Range: 30.98 - 31.35

Trade Wahed Dow Jones Islamic World ETF - UMMA CFD

What is Wahed Dow Jones Islamic World ETF (UMMA)?

Wahed Dow Jones Islamic World ETF is an exchange-traded fund designed to provide investors with exposure to global equities that comply with Islamic investment principles. The fund tracks an index that screens companies based on Shariah law, excluding businesses involved in activities such as alcohol, gambling, tobacco, and interest-based financial services. It aims to offer a diversified portfolio by investing in companies across various sectors and regions that meet ethical and religious criteria. The fund is managed with a focus on aligning investment selections with Islamic values while maintaining broad market representation. It serves investors seeking to integrate faith-based considerations into their investment strategies without sacrificing diversification. The fund operates within the framework of Islamic finance, emphasizing ethical investing and social responsibility. It is part of a growing segment of financial products catering to the needs of Muslim investors and those interested in socially responsible investment approaches.

Wahed Dow Jones Islamic World ETF Stock Price Today: Live Overview

The price today is shaped by intraday market movements, with Maui Land & Pineapple Co Inc priced at $31.37. It has traded in a range from $30.86 to $31.45, showing a daily change of +1.7349%.

FAQ: Wahed Dow Jones Islamic World ETF (UMMA)

What is the current price of UMMA stock?

The last traded price is $31.37.

Does UMMA pay dividends?

This ETF does not pay dividends.

Does UMMA have a formal corporate presence or regional headquarters in the UAE?

Wahed Dow Jones Islamic World ETF operates through financial partners and does not maintain an official regional office or subsidiary in the UAE.

What is UMMA best known for?

It is most famous for tracking the Dow Jones Islamic Market World Index.

What assets are typically shown together with UMMA?

Commonly shown alongside UMMA: Red Cat Holdings, Inc., Tecnoglass Inc, Direxion Daily Small Cap Bull 3X Shares