NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Wed, Apr 1 11:12 PM
Non-Compliant

QQQ

Quality Rating

B
Minimal compliance quality

The Invesco QQQ Trust (QQQ) is an ETF tracking the Nasdaq-100 Index, focusing on technology and growth stocks. Due to its passive structure, traditional Shariah financial screening cannot be applied directly, resulting in insufficient data for quantitative ratios. Business activity screening reveals exposure to non-compliant sectors through underlying holdings, such as conventional finance and entertainment. Index inclusion research confirms exclusion from all major Shariah indices, leading to a non-compliant status. Investors should consider Shariah-screened alternatives for ethical alignment.

Purification Required
0.00%
minimal

Minimal purification needed for dividend income

Index Inclusion

Not included in any major Shariah indices

Key Compliance Considerations

Debt Ratio

0.0%

Liquidity Ratio

0.0%

Interest Income Ratio

0.0%

Purification

0.00%