AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: GDXD
Report Date: 2026-04-02
Full Report: https://amaly.io/stock/GDXD

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: GDXD is a leveraged ETF focused on gold and silver mining companies, presenting unique challenges for Shariah compliance due to its derivative-based structure and insufficient traditional financial data. While the underlying precious metals sector is generally permissible, the use of leverage introduces elements of gharar and potential riba concerns. The ETF is not included in any major Shariah-compliant indices, leading to a non-compliant overall status despite favorable ratio assumptions from limited data. High ESG risks from mining controversies further impact assessment. Investors should approach with caution and seek personalized Shariah advice.

Primary Compliance Concerns:
- Derivative-based leverage in ETF structure introducing gharar
- Insufficient financial data for comprehensive screening
- High ESG risks in underlying mining holdings
- Non-inclusion in major Shariah indices

Purification Requirement: 0.00%
Index Inclusion: Not included in any major Shariah 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: 2025-11-30

REPORTING PERIOD
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Latest Annual Report: FY 2025
Latest Quarterly Data: Q4 2025
Trend Period: FY 2021 to FY 2025
Data Retrieved: 2026-02-15T12:00:00Z

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