The ETF is Not Compliant because of its classification in Alternative Equity Leveraged.
ERX – Direxion Daily Energy Bull 2x Shares
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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%
-
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%
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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 200% of the performance of the Energy Select Sector Index. The Fund invests at least 80% of its net assets in financial instruments of the index and other financial instruments that provide daily leveraged exposure to the Index or to ETFs that track the Index.
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.
