The ETF is Not Compliant because of its classification in Alternative Equity Leveraged.
BABX – GraniteShares 2x Long BABA 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%
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Debt
0.00%
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Impure Income
0.00%
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Debt
0.00%
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Impure Income
0.00%
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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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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 of 2 times (200%) the daily percentage change of the ADR of Alibaba Group Holding Limited. The Fund is an actively managed ETF that attempts to replicate 2 times the daily percentage change of the Underlying Stock by entering into a swap agreement on 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.
