The ETF is Not Compliant because of its classification in Alternative Other.
SPUC – Simplify US Equity PLUS Upside Convexity ETF
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Not Compliant
☆☆☆☆☆ 0/5
- Equity
- Alternative Other
- 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%
-
Impure Income
0.00%
-
Debt
0.00%
-
Impure Income
0.00%
-
Debt
0.00%
-
Impure Income
0.00%
-
Debt
0.00%
-
Cash
0.00%
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Cash & AR
0.00%
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Impure Income
0.00%
-
Debt
0.00%
-
Cash
0.00%
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Cash & AR
0.00%
-
Impure Income
0.00%
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ETF Objective
The Fund seeks to provide capital appreciation. The Fund invests at least 80% of its net assets in equity securities of US companies, primarily by purchasing exchange-traded funds. The Adviser seeks to achieve the objective by applying a upside convexity option overlay strategy to the equity investments.
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.