The ETF is Not Compliant because of its classification in Alternative Other.
AUGT – AllianzIM US Large Cap Buffer10 Aug 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%
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Impure Income
0.00%
-
Debt
0.00%
-
Impure Income
0.00%
-
Debt
0.00%
-
Impure Income
0.00%
-
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%
-
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 match the share price returns of the SPDR S&P 500 ETF up to a specified upside Cap, while providing a Buffer against the first 10% of Underlying ETF losses from August 1, 2023 to July 31, 2024. The Fund invests its net assets in FLexible EXchange Options that reference the Underlying ETF.
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.