The ETF is Not Compliant because of its classification in Alternative Equity Leveraged.
CLDL – Direxion Daily Cloud Computing Bull 2X Shares
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Not Compliant
☆☆☆☆☆ 0/5
- Equity
- Alternative Equity Leveraged
- 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 daily investment results of 200% of the daily performance of the Indxx USA Cloud Computing Index. The Fund invests at least 80% of its assets in financial instruments, such as swap agreements, and securities of the Index, exchange-traded funds that track the Index and other financial instruments.
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