NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Wed, May 6 03:48 PM
Non-Compliant

DUST

Quality Rating

BBB
Satisfactory compliance quality

The Direxion Daily Gold Miners Index Bear 2X Shares (DUST) is assessed as non-compliant with Shariah principles primarily due to its reliance on derivatives, short-selling, and leveraged structure, which introduce elements of gharar and maysir. Although financial ratios indicate no issues due to the ETF's structure lacking traditional debt and income, the core business activity disqualifies it from Shariah screens. It is not included in any major Shariah indices, confirming its non-compliant status. Industry unknown, peer comparisons limited by data scarcity.

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%