AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: DUST
Report Date: 2026-05-06
Full Report: https://amaly.io/stock/DUST

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: BBB
Description: 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.

Primary Compliance Concerns:
- Impermissible use of derivatives and short-selling in ETF structure
- Speculative leveraged inverse exposure akin to maysir
- Insufficient data for traditional financial ratios, but business activity fails qualitative screening

Purification Requirement: 0.00%
Index Inclusion: Not included in any major Shariah-compliant indices (S&P, MSCI, FTSE, 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: 2026-02-14T00:00:00Z

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Full interactive report: https://amaly.io/stock/DUST
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.