T212 Wahed ETF - best option ?

[dottiec]

Hello all,

Looking into buying ETF (lump sum then DCA after) and ofcourse needs to be sharia compliant, few options in T212 (Ishares Islamic and Wahed) but just looking purely on expense ratio (cost) it’s only 0.06% for Wahed and 0.3% for ishares.

Seems to be Wahed is quite a bit better from a cost perspective and similar performance. Just wanted to ask anything I am missing here / other perspectives would be great.

Thanks w Jazakom Allah khair

 

[rahenson]

@dottiec HLAL has fees of ~0.5% pa. They may have hidden fees in the ETF and ETP parts.

 

[dottiec]

@rahenson Interesting, seems they have hidden it since if you go through T212 and click on key information that document says only 0.06% which did seem too good to be true, thanks

 

[dottiec]

@rahenson Also what’s your top 1-2 ETFs of choice that you are invested it ? If you don’t mind sharing

 

[cgpb]

@dottiec It might be ISDW if you want to set and forget, because it covers international markets, so you are more diversified

 

[dottiec]

@cgpb Thanks, quickly checked nd has a decent expense ratio (0.3%) will look more into it thanks again