Skip to content
Nukoud

KraneShares Wahed Alternative Income Index ETF

KWIN AEAEExchange-Traded Fund
94.40 AED
Sharia

About this fund

KraneShares Wahed Alternative Income Index ETF (KWIN) is a Sharia ETF managed by Wahed Invest LLC. It charges a 0.51% net expense ratio. The fund tracks Wahed Shariah Alternative Income Index and was launched on Oct 3, 2025.

The KraneShares Wahed Alternative Income Index ETF is a US-incorporated exchange-traded fund designed for investors seeking Shariah-compliant income exposure. The fund tracks the Wahed Shariah Alternative Income Index, aiming to replicate its price and yield performance before the deduction of fees and expenses. By adhering to Islamic finance principles, the fund screens out companies and instruments incompatible with Shariah law — such as those involved in interest-bearing debt, alcohol, tobacco, or gambling — making it a distinctive option for ethically and religiously motivated investors seeking alternative income streams within a rules-based index framework. This fund has multiple listings. See the Listings section.

Benchmark
Wahed Shariah Alternative Income Index
AUM
Expense Ratio
0.51%
Yield (12-mo)
Morningstar Rating
Benchmark
Wahed Shariah Alternative Income Index
52-Week Range
93.75 – 94.40 AED
Avg Daily Vol
Inception
Oct 3, 2025

Risk metrics

vs benchmark Wahed Shariah Alternative Income Index

3-year risk statistics are not currently available for this fund.

Risk statistics are 3-year, month-end-based.

Trailing returns

As of Jul 15, 2026
1D
0.00%
1W
1M
+0.32%
3M
6M
YTD
1Y
3Y ann.
5Y ann.
10Y ann.

Fees & expenses

Net expense
0.51%
Gross expense
0.51%
Management fee
0.50%

Classification

Category
Sharia
Investment Type
Exchange-Traded Fund
Strategic Beta
No
Strategy
Not Applicable
Issuer
Wahed Invest LLC
Branding
Kraneshares

Listings

This fund trades on multiple exchanges. Each listing is the same underlying fund; prices are quoted in the listing currency.

  • USKWINKraneShares Wahed Alternative Income Index ETFUSDPrimary listing
  • AEKWINKraneShares Wahed Alternative Income Index ETFAEDThis page

Frequently asked questions

What is KWIN's expense ratio?
KraneShares Wahed Alternative Income Index ETF charges a net expense ratio of 0.510%.
What index does KWIN track?
KraneShares Wahed Alternative Income Index ETF tracks Wahed Shariah Alternative Income Index as its primary benchmark.
When did KWIN launch?
KraneShares Wahed Alternative Income Index ETF launched on October 3, 2025.
What currency does KWIN trade in?
KWIN trades in AED.

News & analysis on KWIN

Fund information

Legal name
KraneShares Wahed Alternative Income Index ETF
Ticker
KWIN
Inception
Oct 3, 2025
Domicile
AE
Listing currency
AED

Charting by TradingView.

Powered by Morningstar