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 | 17.11% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 6.13% |
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 5.69% |
| LLY | Eli Lilly and Company | Healthcare | Drug Manufacturers - General | 3.42% |
| MU | Micron Technology Inc | Technology | Semiconductors | 3.20% |
| TSLA | Tesla Inc | Consumer Cyclical | Auto Manufacturers | 3.11% |
| AMD | Advanced Micro Devices Inc | Technology | Semiconductors | 2.56% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 2.29% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 1.40% |
| AMAT | Applied Materials Inc | Technology | Semiconductor Equipment & Materials | 1.30% |
| PG | Procter & Gamble Company | Consumer Defensive | Household & Personal Products | 1.23% |
| HD | The Home Depot Inc | Consumer Cyclical | Home Improvement Retail | 1.20% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 1.16% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 1.16% |
| BKNG | Booking Holdings Inc | Consumer Cyclical | Travel Services | 1.04% |
| MCD | McDonald’s Corporation | Consumer Cyclical | Restaurants | 0.92% |
| IBM | International Business Machines | Technology | Information Technology Services | 0.92% |
| PANW | Palo Alto Networks Inc | Technology | Software - Infrastructure | 0.89% |
| GEV | GE Vernova LLC | Industrials | Specialty Industrial Machinery | 0.88% |
| TXN | Texas Instruments Incorporated | Technology | Semiconductors | 0.86% |