The ETF is Not Compliant. The fund’s holdings earn a significant portion of income from non-compliant sources.
RNLC – First Trust Large Cap US Equity Select ETF
🔒
Not Compliant
☆☆☆☆☆ 0/5
- -
- ETF
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24.18%
Impure Income
-
Zakat per Share*
-
Purification
Debt
18.54%
PASS
Non-Compliant Assets
6.72%
PASS
Impure Income
24.18%
FAIL
Debt
21.71%
PASS
Impure Income
24.18%
FAIL
Debt
20.63%
PASS
Impure Income
24.18%
FAIL
Debt
27.34%
PASS
Cash
4.85%
PASS
Cash & AR
7.51%
PASS
Impure Income
24.18%
FAIL
Debt
27.34%
PASS
Cash
4.85%
PASS
Cash & AR
7.51%
PASS
Impure Income
24.18%
FAIL
ETF Objective
The Fund seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called Nasdaq Riskalyze US Large Cap Index. It will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise 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.
