The ETF is Not Compliant. It has significant stake in the Financials sector.
SIXA – ETC 6 Meridian Mega Cap Equity ETF
🔒
Not Compliant
☆☆☆☆☆ 0/5
- Equity
- Equity US
- ETF
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Impure Income
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Zakat per Share*
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Purification
Debt
0.00%
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Non-Compliant Assets
0.00%
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Impure Income
0.00%
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Debt
0.00%
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Impure Income
0.00%
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Debt
0.00%
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Impure Income
0.00%
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Debt
0.00%
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Cash
0.00%
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Cash & AR
0.00%
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Impure Income
0.00%
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Debt
0.00%
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Cash
0.00%
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Cash & AR
0.00%
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Impure Income
0.00%
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ETF Objective
The Fund seeks to provide capital appreciation. The Fund is an actively managed exchange-traded fund that invests at least 80% of its net assets in mega cap equity securities. It uses a quantitatively-driven strategy designed to emphasize high quality securities with a relatively low exposure to broad equity market risk.
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.
