The ETF is Not Compliant. The fund’s holdings earn a significant portion of income from non-compliant sources.
RNMC – First Trust Mid Cap US Equity Select ETF
🔒
Not Compliant
☆☆☆☆☆ 0/5
- -
- ETF
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26.57%
Impure Income
-
Zakat per Share*
-
Purification
Debt
48.15%
FAIL
Non-Compliant Assets
26.88%
PASS
Impure Income
26.57%
FAIL
Debt
48.7%
FAIL
Impure Income
26.57%
FAIL
Debt
48.28%
FAIL
Impure Income
26.57%
FAIL
Debt
23.07%
PASS
Cash
3.48%
PASS
Cash & AR
8.01%
PASS
Impure Income
26.57%
FAIL
Debt
23.07%
PASS
Cash
3.48%
PASS
Cash & AR
8.01%
PASS
Impure Income
26.57%
FAIL
ETF Objective
The Fund seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Nasdaq Riskalyze US Mid Cap Index. The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index.
We do our best to screen stocks as accurately as possible. Please let us know in the Community if you spot an error or find something questionable. Jazaak Allahu khairan.
