The ETF is Not Compliant because of its classification in Alternative Equity Leveraged.
AAPB – GraniteShares 2x Long AAPL Daily ETF
🔒
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%
-
Debt
0.00%
-
Impure Income
0.00%
-
Debt
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%
-
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, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Apple Inc. The Fund has adopted a policy to have at least 80% of exposure to financial instruments with economic characteristics that should have 2 times of the Underlying Stock.
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.
