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0MLH

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1d
1w
1m

Analysis and statistics

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About

The ETF with the financial product symbol 0MLH.IL refers to the Ishares MSCI USA Islamic UCITS ETF USD (Acc). This ETF tracks the performance of the MSCI USA Islamic Index, which is designed to represent the large and mid-cap segments of the US market, screened for Shariah compliance. It allows investors to gain exposure to US equities while adhering to Islamic investment principles, focusing on companies that meet specific criteria related to business activities and financial ratios deemed permissible under Shariah law. The "Acc" in the name signifies that the ETF accumulates dividends, reinvesting them back into the fund rather than distributing them to investors.
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Factors

The information has to be precise and brief. Net Asset Value (NAV): Reflects the underlying holdings' market value.

Supply and Demand: Investor buying/selling pressure influences the price.

Index Tracking: Performance relative to its tracked index impacts price.

Market Sentiment: Overall market optimism or pessimism affects demand.

Currency Fluctuations: Changes in currency exchange rates affect returns.

Management Fees: Expense ratio impacts overall investment return.

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