AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: DLLL
Report Date: 2026-04-17
Full Report: https://amaly.io/stock/DLLL

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: The GraniteShares 2x Long DELL Daily ETF (DLLL) is a leveraged exchange-traded fund designed to provide 2x the daily performance of Dell Technologies Inc. stock. This report assesses its Shariah compliance, highlighting structural issues with derivatives and speculation that render it non-compliant across major standards. Financial ratios are inapplicable due to the ETF format, but qualitative screening confirms exclusion from Shariah indices. Investors are advised to consider direct exposure to compliant tech equities instead of leveraged products.

Primary Compliance Concerns:
- Leveraged structure using derivatives introduces gharar and maysir
- Speculative daily reset mechanism akin to gambling
- Insufficient data for traditional financial ratio screening due to ETF nature
- Exclusion from all major Shariah indices due to non-standard investment vehicle

Purification Requirement: 0.00%
Index Inclusion: Not included in any major Shariah indices: S&P Dow Jones, MSCI Islamic, FTSE Shariah, or DJIM

KEY FINANCIAL METRICS
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Debt Ratio: 0.0%
Liquidity Ratio: 0.0%
Interest Income Ratio: 0.0%
Purification Required: 0.00%

INDEX INCLUSION STATUS
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S&P Shariah: EXCLUDED
MSCI Islamic: EXCLUDED
DJIM: EXCLUDED
FTSE Shariah: EXCLUDED
Total: 0 of 4
Last Verified: 2025-12-31

REPORTING PERIOD
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Latest Annual Report: FY 2025
Latest Quarterly Data: Q4 2025
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-02-28T12:00:00Z

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Full interactive report: https://amaly.io/stock/DLLL
Provided by Amaly (https://amaly.io) — Shariah Compliant Stock Screener
Disclaimer: This data is for informational purposes only and does not constitute financial or religious advice.