# Wahed Dow Jones Islamic World ETF (UMMA) — Overview

UMMA · NASDAQ · Fund

Canonical page: https://www.lighthorse.io/tickers/umma

## Price

Last close $35.67 on Oct 15, 2026. 52-week range $27.34 – $40.24.

## Fund profile

UMMA is an actively managed fund of global ex-US securities that are determined to be Shariah-compliant based on business activities and accounting criteria. Holdings are also screened to assess ESG risks.

| Metric | Value |
| --- | --- |
| Issuer | Wahed Invest LLC |
| Industry | — |
| Inception | Jan 7, 2022 |
| Assets under management | $297.7M |
| Expense ratio | 0.65% |
| Net asset value | $35.86 (as of Oct 14, 2026) |
| Distributions | Quarterly |
| Leverage | 1x |

## Frequently Asked Questions

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

UMMA is an actively managed fund of global ex-US securities that are determined to be Shariah-compliant based on business activities and accounting criteria. Holdings are also screened to assess ESG risks.

### What is UMMA's expense ratio?

Wahed Dow Jones Islamic World ETF charges an annual expense ratio of 0.65%. The fund is issued by Wahed Invest LLC.

### How large is UMMA?

Wahed Dow Jones Islamic World ETF manages $297.7M in assets and has traded since Jan 7, 2022.

### How do I buy shares of Wahed Dow Jones Islamic World ETF (UMMA)?

UMMA trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).