NASDAQ | ETF
The fund uses a "passive management" approach to track the performance of the index.
The index is composed of the common stock of large capitalizationU. 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.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| AAPL | Apple Inc | Technology | Consumer Electronics | 14.86% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 6.23% |
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 5.69% |
| TSLA | Tesla Inc | Consumer Cyclical | Auto Manufacturers | 3.94% |
| MU | Micron Technology Inc | Technology | Semiconductors | 3.87% |
| LLY | Eli Lilly and Company | Healthcare | Drug Manufacturers - General | 3.26% |
| AMD | Advanced Micro Devices Inc | Technology | Semiconductors | 2.73% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 2.00% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 1.58% |
| AMAT | Applied Materials Inc | Technology | Semiconductor Equipment & Materials | 1.55% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 1.40% |
| PG | Procter & Gamble Company | Consumer Defensive | Household & Personal Products | 1.22% |
| HD | The Home Depot Inc | Consumer Cyclical | Home Improvement Retail | 1.14% |
| KLAC | KLA Corporation | Technology | Semiconductor Equipment & Materials | 1.10% |
| ORCL | Oracle Corporation | Technology | Software - Infrastructure | 1.09% |
| BKNG | Booking Holdings Inc | Consumer Cyclical | Travel Services | 1.04% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 1.04% |
| TXN | Texas Instruments Incorporated | Technology | Semiconductors | 0.96% |
| SNDK | Sandisk Corp | Technology | Computer Hardware | 0.95% |
| MCD | McDonald’s Corporation | Consumer Cyclical | Restaurants | 0.92% |