The ETF is Not Compliant. It has significant stake in the Financials sector.
QLV – FlexShares US Quality Low Volatility Index Fund
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Not Compliant
☆☆☆☆☆ 0/5
- Equity
- Equity US
- 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%
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Debt
0.00%
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Impure Income
0.00%
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Debt
0.00%
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Impure Income
0.00%
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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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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 investment results that correspond to price and yield performance of the Northern Trust Quality Low Volatility Index. The Index is designed to reflect companies that possess lower overall absolute volatility relative to the Northern Trust 1250 Index, comprising of US domiciled large- and mid-cap companies.
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.