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IQRA

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1d
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1m

Analysis and statistics

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About

IQRA.US refers to the Wahed Dow Jones Islamic World ETF. This ETF aims to track the performance of the Dow Jones Islamic Market World Index, providing investors with exposure to Shariah-compliant stocks from developed and emerging markets around the world. It specifically focuses on companies that adhere to Islamic principles, excluding those involved in activities such as alcohol, tobacco, gambling, and interest-based finance.
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Factors

Here's a breakdown of factors influencing IQRA.US ETF prices: Market Demand: Higher demand increases price, lower demand decreases it. Supply and demand imbalances impact price directly. Underlying Holdings: The value of companies and sukuk held by the ETF drive its price. Islamic Finance Principles: Adherence to Sharia affects investment choices, impacting potential returns and thus, price. Economic Conditions: Inflation, interest rates, and GDP growth influence company performance and investor sentiment. Sector Performance: The performance of sectors represented in the ETF's portfolio affects overall value. Geopolitical Events: Political instability or global events influence market volatility and investor risk appetite.

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