The ETF is Not Compliant. The fund’s holdings earn a significant portion of income from non-compliant sources.
MRND – IQ US Mid Cap R&D Leaders ETF
🔒
Not Compliant
☆☆☆☆☆ 0/5
- -
- ETF
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18.06%
Impure Income
-
Zakat per Share*
-
Purification
Debt
21.31%
PASS
Non-Compliant Assets
8.9%
PASS
Impure Income
18.06%
FAIL
Debt
17.74%
PASS
Impure Income
18.06%
FAIL
Debt
18.75%
PASS
Impure Income
18.06%
FAIL
Debt
26.84%
PASS
Cash
12.1%
PASS
Cash & AR
17.37%
PASS
Impure Income
18.06%
FAIL
Debt
26.84%
PASS
Cash
12.1%
PASS
Cash & AR
17.37%
PASS
Impure Income
18.06%
FAIL
ETF Objective
The Fund seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ US Mid Cap R&D Leaders Index. The Index seeks to provide exposure to innovative companies by investing in the equities of US mid cap companies that have high research and development spending.
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.
