global growth assets vs Wahed
global growth assets and Wahed both offer investing. This page lines up 17 listed data points side by side, with 10 differences, so you can see exactly where they part ways before you request quotes.
Built from each provider's listed data · provider data last verified Nov 2026
At a glance
- Both are available in all of Canada.
- global growth assets uses Mutual Funds; Wahed uses Actively managed / Index-based.
- Shariah oversight: global growth assets discloses Named Scholar; Wahed discloses Third-Party Certified.
- HalalWallet Index: global growth assets holds a B-; Wahed holds a B-.
- They differ on 10 of the 17 data points we list for investing.
No editorial verdict has been written for this pair yet. The side-by-side below is the full data view; where we have written one, you'll find it under Compare.
global growth assets vs Wahed: the full side-by-side
17 data points from each provider's published materials, lined up row by row. They differ on 10.
global growth assets
Pays us: No. global growth assets pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.
Wahed
Pays us: No. Wahed pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.17 of 17 rows
Provinces covered
Sameglobal growth assets: All of CanadaWahed: All of Canada
Expense ratio
global growth assets: 2.79% MERWahed: 0.65% (Wahed Dow Jones Islamic Wo…) · 0.50% (Wahed FTSE USA Shariah ETF)Management fee
global growth assets: 2.45%Wahed: Not listedMinimum investment
global growth assets: $500 initial / $25 subsequentWahed: Not listed
Structure
global growth assets: Mutual FundsWahed: Actively managed / Index-basedShariah oversight
global growth assets: Named ScholarWahed: Third-Party CertifiedShariah board / scholar
global growth assets: Named ScholarWahed: third_party_certifiedPublished fatwa / certificate
Sameglobal growth assets: NoWahed: NoScreening standard
global growth assets: Dow Jones Islamic Market Titans 100 screens (Ratings Intelligence) plus local IFAB reviewWahed: Dow Jones Islamic Market screens; Shariyah Review Bureau as external advisor (Wahed Dow Jones Islamic Wo…) · FTSE Shariah screens certified by Yasaar Limited (Wahed FTSE USA Shariah ETF)
Products listed
global growth assets: Global Iman FundWahed: Wahed Dow Jones Islamic World ETF, Wahed FTSE USA Shariah ETFBest for
global growth assets: Canadian mutual fund investors who prioritize a long track record and named, annually renewed Shariah oversight over cost - and who accept a concentrated mega-cap tech tilt and the absence of published purification data.Wahed: International (non-US) halal equity exposureProduct types
global growth assets: Mutual FundWahed: ETFTickers
global growth assets: Not listedWahed: UMMA, HLALHoldings
global growth assets: 23Wahed: ~100 (Wahed Dow Jones Islamic Wo…) · ~200 (Wahed FTSE USA Shariah ETF)Focus
global growth assets: Not listedWahed: Global Large Growth (Wahed Dow Jones Islamic Wo…) · US Large Growth (Wahed FTSE USA Shariah ETF)
HalalWallet Index grade
Sameglobal growth assets: B-Wahed: B-Assets under management
global growth assets: $244MWahed: $298M (2026-11-13) (Wahed Dow Jones Islamic Wo…) · $946M (2026-11-13) (Wahed FTSE USA Shariah ETF)
Strengths and trade-offs
global growth assets
- Disclosed Shari'ah oversight: two named advisory boards and a fatwa renewed June 17, 2026
- 17-year track record - Series A running since March 2009, with 10-year annualized returns of 14.75% to April 2026
- Low $500 minimum, $25 subsequent - accessible in mutual fund format with PACs
- Available across all 10 provinces through ~30 dealers and all major registered plans (RRSP/TFSA/RESP/RRIF/LIRA/LIF)
- FundGrade A+ award winner six consecutive years
- Expensive: 2.79% MER (2.45% management fee) versus roughly 0.5% for halal ETFs like WSHR
- Concentrated: 23 holdings with 66% in the top 10, and 44% in information technology
- No published purification data - investors cannot compute dividend purification from public documents
- The fatwa is published only as a scanned document, and parts of the site carry stale marketing content
Wahed
- International (non-US) halal exposure in a single ticker
- Dow Jones Islamic Market methodology with ongoing board review
- Complements US-focused ETFs like HLAL and SPUS
- Quarterly purification amounts published
- Formally incorporates ESG data (company claim: first US-listed Islamic ETF to do so)
- Higher expense ratio (0.65%)
- Currency exposure
- Smaller AUM
- Because UMMA trades on a US exchange, currency conversion applies and dividends are reduced 15% by US withholding tax in a TFSA, FHSA, or RESP - RRSP holdings are exempt
- US-focused only
Products behind the numbers
Where a row shows more than one value, it is because the provider lists several investing products. Each is tagged.
global growth assets
Pays HalalWallet: No. global growth assets pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.Wahed
Pays HalalWallet: No. Wahed pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.Not sure which is right? Compare all investing providers.
Browse all Investing optionsEditorial comparisons
How do global growth assets and Wahed compare for investing?
global growth assets and Wahed both offer investing. This page lines up 17 listed data points side by side, with 10 differences, so you can see exactly where they part ways before you request quotes.
- Both are available in all of Canada.
- global growth assets uses Mutual Funds; Wahed uses Actively managed / Index-based.
- Shariah oversight: global growth assets discloses Named Scholar; Wahed discloses Third-Party Certified.
Source: HalalWallet (halalwallet.ca)
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Sources and review process
This page is reviewed against HalalWallet editorial standards and source documentation.
Reviewed by: HalalWallet Editorial Team
Last reviewed: 2026-11-13
How to cite this page
Preferred format (HTML):
https://www.halalwallet.ca/compare/global-growth-assets-vs-wahed, retrieved 2026-11-14).For time-sensitive claims (rates, fees, province availability), please verify directly with the provider's official documentation and note the retrieval date.
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