🟢 UMMA is trading 8.3% up today as risk sentiment stabilizes following Middle East tensions

UMMA is trading at $39.41 (up 8.3%) in a sharp after-hours rebound following a risk-off-driven drop earlier on July 13, 2026.

• The earlier selloff was tied to escalating U.S.–Iran tensions around the Strait of Hormuz, which pressured Islamic and emerging market growth equities.
• The move likely reflects bargain hunting and a partial normalization of risk appetite in foreign growth assets rather than company-specific earnings or sector news.
• The recovery marks a reversal of the de-risking wave that impacted Sharia-compliant growth instruments during the geopolitical spike.