The ETF is Not Compliant. The fund’s holdings earn a significant portion of income from non-compliant sources.
MEME – Roundhill MEME ETF
🔒
Not Compliant
☆☆☆☆☆ 0/5
- -
- ETF
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33.46%
Impure Income
-
Zakat per Share*
-
Purification
Debt
6.11%
PASS
Non-Compliant Assets
4.81%
PASS
Impure Income
33.46%
FAIL
Debt
5.39%
PASS
Impure Income
33.46%
FAIL
Debt
5.31%
PASS
Impure Income
33.46%
FAIL
Debt
15.15%
PASS
Cash
10.13%
PASS
Cash & AR
13.31%
PASS
Impure Income
33.46%
FAIL
Debt
15.15%
PASS
Cash
10.13%
PASS
Cash & AR
13.31%
PASS
Impure Income
33.46%
FAIL
ETF Objective
The Fund seeks to track the performance, before fees and expenses, of the Solactive Roundhill Meme Stock Index. The Index seeks to track the performance of “meme stocks.” Meme stocks exhibit a combination of elevated social media activity and and high short interest, both of which are indicators of market sentiment.
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.
