The ETF is Not Compliant. It is involved in Options/Derivates related activities.
NDJI – Nationwide Dow Jones Risk-Managed Income ETF
🔒
Not Compliant
☆☆☆☆☆ 0/5
- -
- ETF
Please log in to manage your watchlist.
Go PRO for ETF Screening
Unlock Industry-grade Shariah Compliance for ETFs. See results from 5 major Shariah standards: AAOIFI, S&P, DJIM, FTSE and MSCI.
We provide unparalleled value and service.
Screened by AAOIFI Certified Shariah Advisor & Auditor.
ETF Screening starts from just $5.99/month
0%
Impure Income
-
Zakat per Share*
-
Purification
Debt
0.00%
-
Non-Compliant Assets
0.00%
-
Impure Income
PASS
Debt
0.00%
-
Impure Income
PASS
Debt
0.00%
-
Impure Income
PASS
Debt
0.00%
-
Cash
0.00%
-
Cash & AR
0.00%
-
Impure Income
PASS
Debt
0.00%
-
Cash
0.00%
-
Cash & AR
0.00%
-
Impure Income
PASS
ETF Objective
The Fund seeks current income with downside protection. The Fund invests in a portfolio of the stocks in the Dow Jones Industrial Average and an options collar on the Dow Jones. The Fund seeks to generate high current income from dividends received from its equity holdings and the premiums earned from the options collar.
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.
