NYSE: Open
NASDAQ: Open
LSE: Open
TSX: Open
Nikkei: Closed
Shanghai: Closed
Wed, Sep 30 03:00 PM
Non-Compliant

CNBS

Quality Rating

B
Minimal compliance quality

The Amplify Seymour Cannabis ETF (CNBS) is an actively managed fund providing exposure to the U.S. cannabis ecosystem. This report assesses its Shariah compliance across financial, business activity, ESG, and multi-perspective criteria. Due to its investment in cannabis-related businesses, classified as non-permissible under Islamic principles (intoxicants), CNBS fails core business activity screening. Financial ratios are unassessable due to ETF structure, but index exclusions confirm non-compliance. Investors should avoid or seek scholarly guidance for any medical cannabis nuances.

Purification Required
0.00%
minimal

Minimal purification needed for dividend income

Index Inclusion

Not included in any major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM)

Key Compliance Considerations

Debt Ratio

0.0%

Liquidity Ratio

0.0%

Interest Income Ratio

0.0%

Purification

0.00%