From Wahed Email
We will be upgrading your US Stocks portion of your portfolio with a fund with the following benefits*:

Diversification
Our new fund that we will be adding to your investment portfolio under the US Stocks asset class will provide a wider exposure to more than 200 of the largest shariah-compliant US companies from various industries whilst maintaining a low expense ratio.

Liquidity
Our new fund to replace the current ETF for the US Stocks that you have currently will provide greater liquidity due to the larger exchange where it is listed in. More liquidity means a more timely deposit allocation and withdrawals for you.
______________________________________________________

Our clients with portfolios that has a US Stocks allocation*, the upgrading process will lead to the following temporary conditions until the week ending 1st week of June 2020:

US Stocks Allocation
Your portfolio will not be allocated the US Stocks portion. Your funds allocated to US Stocks will remain as cash until the portfolio upgrade has been completed.
US Stocks Price Movements
As your US Stocks holdings are temporarily held in cash there will be no price movements for your US Stocks portion of your portfolio. Other assets in your portfolio will not be affected and it will continue to be invested during this period.
Withdrawal and Deposits
Feel free to make deposits and withdrawals during this period we will process it as per normal.

Once the portfolio upgrade has been completed, you will see a new updated fund under your US stocks holding. Your funds will be automatically invested to match your risk portfolio allocation.

More than 200 US companies?

HLAL ETF has 222 companies as March 2020 factsheet
HLAL factsheet Link: https://funds.wahedinvest.com/ETF_Factsheet_07.pdf

Wondering what will happen to MyETF MSCI Malaysia Islamic Dividend (MyETF-MMID)?
Will they still be keeping it?