The ETF is Not Compliant because of its classification in Alternative Other.
HEQT – Simplify Hedged Equity ETF
🔒
Not Compliant
☆☆☆☆☆ 0/5
- Equity
- Alternative Other
- 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%
-
Impure Income
0.00%
-
Debt
0.00%
-
Impure Income
0.00%
-
Debt
0.00%
-
Impure Income
0.00%
-
Debt
0.00%
-
Cash
0.00%
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Cash & AR
0.00%
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Impure Income
0.00%
-
Debt
0.00%
-
Cash
0.00%
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Cash & AR
0.00%
-
Impure Income
0.00%
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ETF Objective
The Fund seeks to provide capital appreciation. The Fund invests at least 80% of its net assets in equity securities, primarily by purchasing exchange-traded funds that seek to track the investment results of the S&P 500 Index. The Fund applies an option overlay known as a put/spread collar strategy.
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