
BTCK: Is 7RCC Spot Bitcoin and Carbon Credit Futures ETF Halal?
7RCC Spot Bitcoin and Carbon Credit Futures ETF
$29.18
+0.00%
Market Cap: 291.8K
About 7RCC Spot Bitcoin and Carbon Credit Futures ETF
Tidal Commodity Trust - Nexo 7RCC Spot Bitcoin and Carbon Credit Futures ETF is an exchange traded fund launched and managed by Teucrium Trading, LLC. It invests in commodity and currency markets. For its commodity portion, it primarily invests through derivatives in carbon credits. The fund uses derivatives such as futures to create its portfolio. For its currency portion, the fund invests directly in bitcoin. It invests in stocks of companies that directly promote environmental responsibility. The fund seeks to track the performance of the 7RCC Kaiko Bitcoin Carbon Credit Index, by using full replication technique. Tidal Commodity Trust - Nexo 7RCC Spot Bitcoin and Carbon Credit Futures ETF is domiciled in the United States.
Sector: Financial Services · Industry: Asset Management
Shariah Compliance Status
Basket Composition
0% of basket screenedETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.
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Frequently Asked Questions
Is 7RCC Spot Bitcoin and Carbon Credit Futures ETF (BTCK) halal to invest in?
Why did 7RCC Spot Bitcoin and Carbon Credit Futures ETF get a C+ compliance rating?
What could change 7RCC Spot Bitcoin and Carbon Credit Futures ETF's Shariah verdict?
How often is 7RCC Spot Bitcoin and Carbon Credit Futures ETF re-screened for Shariah compliance?
Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.
Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.