Ether Capital Corp ETHCb.NE

ETHCb.NE Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: September 17, 2024

Report Source: 2024 1st Quarter Report

Ether Capital Corp

Ether Capital Corp. Stock Analysis ETHCb.NE

Germany Information Technology Micro Cap Report:
Ether Capital Corp is a CA-based company operating in Software industry. The company is headquartered in Toronto, Ontario. The company went IPO on 2015-05-04. Purpose Ether Staking Corp. ETF (the Fund), formerly Ether Capital Corporation, is an alternative mutual fund. The Fund’s investment objective is focused on investing all or substantially all of its assets in long-term holdings of Ether and seeks to provide shareholders with the opportunity for long-term capital appreciation. The Fund’s investment objectives include capital preservation, generating income, capital growth or a combination of the three. The Fund may also hold cash and cash equivalents or other money market instruments. The securities of any mutual funds held by the Fund shall be valued at the reported net asset value (NAV) of that mutual fund. Purpose Investments Inc. is the manager and portfolio manager of the Fund. The manager will use the CoinDesk Ether Price Index as the primary source upon which the Fund’s Ether will be valued. The CoinDesk Ether Price Index represents a real-time, United States dollar equivalent spot rate for Ethereum.
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Financial Metrics & Statements of Ether Capital Corp (ETHCb.NE)

FAQ's for Ether Capital Corp (ETHCb.NE)

  • According to Musaffa’s Shariah screening methodology, Ether Capital Corp (ETHCb.NE) is currently classified as HALAL as of September 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.

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