The fund uses a "passive management" approach to track the performance of the index. The index is composed of the common stock of large capitalization U.S. companies. The index is constructed by evaluating the components of the index, using the Russell IdealRatings system, to identify companies that comply with Shariah principles. These ratings were developed based on the AAOFI. The fund is non-diversified.
Research context
Manzil Russell Halal USA Broad Market ETF appears in PyInvesting’s ETF catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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