HLAL is trading 3.2% up today as investors rotate back into Shariah-compliant U.S. growth and AI-related stocks following recent market weakness.

  • The fund's heavy exposure to technology and communication services is driving the pre-market gain, aligning with a positive bias in S&P 500 futures ahead of the FOMC statement.
  • Dip-buying in diversified large-cap baskets appears to be lifting the ETF as investors add U.S. equity exposure despite ongoing geopolitical tensions and volatility in the semiconductor sector.