The ETF is Not Compliant. It is involved in Options/Derivates related activities.
FV – First Trust Dorsey Wright Focus 5 ETF
🔒
Not Compliant
☆☆☆☆☆ 0/5
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- ETF
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0%
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
PASS
Debt
0.00%
-
Impure Income
PASS
Debt
0.00%
-
Impure Income
PASS
Debt
0.00%
-
Cash
0.00%
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Cash & AR
0.00%
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Impure Income
PASS
Debt
0.00%
-
Cash
0.00%
-
Cash & AR
0.00%
-
Impure Income
PASS
ETF Objective
The Fund seeks investment results that correspond generally to the price and yield (before fees and expenses) of the Dorsey Wright Focus Five Index. The Fund will normally invest at least 90% of its assets in ETFs that comprise the Index. It seeks a performance correlation of 0.95 or better between the Fund and 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.