The ETF is Not Compliant because of its classification in Alternative Equity Leveraged.
SSO – ProShares Ultra S&P500
🔒
Not Compliant
☆☆☆☆☆ 0/5
- Equity
- Alternative Equity Leveraged
- 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%
-
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 daily investment results, before fees and expenses, that correspond to two times (2x) the return of the S&P 500 Index (the Index) for a single day, not for any other period. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts.
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.