KraneShares Wahed Alternative Income Index ETF (KWIN)

The KraneShares Wahed Alternative Income Index ETF is an index-based fund created with Wahed, an investment firm focused on Shariah-compliant, ethical investing. The fund seeks income from sources that differ from traditional interest-bearing bonds.

Its benchmark is expected to emphasize instruments consistent with Islamic finance principles, such as sukuk and other alternative income assets, offering an approach to yield that avoids conventional interest. The fund is sponsored by KraneShares and lists on NYSE Arca.