The ETF is Not Compliant because of its classification in Alternative Equity Leveraged.
FAS – Direxion Daily Financial Bull 3x Shares
🔒
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%
-
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%
-
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 300% of the daily performance of the Financials Select Sector Index. The Fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the Index, and 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.
