Islamic Finance Principles: IFN.US adheres to Sharia law; therefore, its price is affected by the performance of companies compliant with Islamic finance principles, which excludes sectors like alcohol, gambling, and conventional finance.

Market Sentiment towards Sharia-Compliant Investments: Investor demand for ethical and socially responsible investments, particularly those adhering to Islamic finance principles, can significantly impact IFN.US's price.

Performance of Underlying Holdings: IFN.US's price is directly related to the performance of the stocks it holds, mirroring the gains or losses of the underlying Sharia-compliant companies.

Economic Conditions in Regions with Islamic Finance Focus: Economic factors specific to regions where Sharia-compliant businesses thrive can influence the overall performance and thus the price of IFN.US.

Currency Fluctuations: Since IFN.US invests in international markets, currency exchange rates can impact returns when converted back to US dollars, thereby affecting the ETF's price.

Expense Ratio and Management Fees: The fees charged to manage the IFN.US ETF impact its net asset value, which in turn influences the trading price on the market.

Supply and Demand for IFN.US Shares: Basic supply and demand dynamics in the ETF market can cause fluctuations in the price of IFN.US, especially during periods of high or low trading volume.

Interest Rate Environment: While Sharia-compliant investments avoid interest-based transactions, changes in global interest rates can still indirectly affect the valuation of the underlying assets and consequently, the price of IFN.US.