AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: TSLL
Report Date: 2026-04-01
Full Report: https://amaly.io/stock/TSLL

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: This report evaluates the Shariah compliance of TSLL, a leveraged ETF tracking Tesla Inc. with 2x daily exposure. Due to its reliance on interest-bearing derivatives and speculative leverage, TSLL fails key Shariah principles across financial and business activity screens. No inclusion in major Shariah indices confirms non-compliance. While the underlying Tesla business is largely permissible, the ETF structure introduces riba and gharar. Investors should consider direct exposure to compliant equities instead.

Primary Compliance Concerns:
- Leveraged structure involves riba through interest-bearing swaps and futures
- Gharar and maysir from 2x daily amplification and volatility
- Insufficient traditional financial data for ratio screening due to ETF format
- Exclusion from all major Shariah indices
- Underlying ESG controversies in Tesla's supply chain and labor practices

Purification Requirement: 0.00%
Index Inclusion: Not included in any major Shariah indices: S&P Dow Jones, MSCI, FTSE, 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: 2026-02-14T12:00:00Z

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