The ETF is Not Compliant because of its classification in Alternative Equity Leveraged.
GUSH – Direxion Daily S&P Oil & Gas Exp & Prod Bl 2X Shs
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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%
-
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%
-
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 to provide daily investment results of 200% of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The Fund creates short positions by investing at least 80% of its assets in swap agreements; options on securities and indices; forward contracts.
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.
