The ETF is Not Compliant. The fund’s holdings earn a significant portion of income from non-compliant sources.
AHOY – Newday Ocean Health ETF
🔒
Not Compliant
☆☆☆☆☆ 0/5
- -
- ETF
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10.51%
Impure Income
-
Zakat per Share*
-
Purification
Debt
7.83%
PASS
Non-Compliant Assets
4.73%
PASS
Impure Income
10.51%
FAIL
Debt
8.89%
PASS
Impure Income
10.51%
FAIL
Debt
8.53%
PASS
Impure Income
10.51%
FAIL
Debt
19.97%
PASS
Cash
4.65%
PASS
Cash & AR
8.43%
PASS
Impure Income
10.51%
FAIL
Debt
19.97%
PASS
Cash
4.65%
PASS
Cash & AR
8.43%
PASS
Impure Income
10.51%
FAIL
ETF Objective
The Fund seeks to capture long-term capital appreciation. The Fund invests in equity securities of Ocean Health Companies, or companies that are concerned with and attentive to discharge of excess nutrients into bodies of water, end of lifecycle product waste, commitments to environmental protectionism, and CO2 emissions.
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.
