Is WisdomTree DAX 3x Daily Short ETF halal to invest in?

As of September 2026, WisdomTree DAX 3x Daily Short ETF 3DES.MI is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is WisdomTree DAX 3x Daily Short ETF a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes WisdomTree DAX 3x Daily Short ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for WisdomTree DAX 3x Daily Short ETF updated?

The Shariah compliance status of WisdomTree DAX 3x Daily Short ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like WisdomTree DAX 3x Daily Short ETF become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of WisdomTree DAX 3x Daily Short ETF?

You can check the latest Shariah compliance status of WisdomTree DAX 3x Daily Short ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

WisdomTree DAX 3x Daily Short ETF 3DES.MI

3DES.MI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, WisdomTree DAX 3x Daily Short ETF is classified as not halal.

NOT HALAL

Is WisdomTree DAX 3x Daily Short ETF Halal?

Shariah Compliance Analysis of 3DES.MI ETF

GB Equity Large Cap

No. As of September 2026, WisdomTree DAX 3x Daily Short ETF (3DES.MI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. WisdomTree DAX 3x Daily Short ETF does not pass Musaffa's business and financial screening criteria.

3DES.MI was created on 2012-12-12 by WisdomTree. The fund's investment portfolio concentrates primarily on large cap equity. The objective of this product is to track the ShortDAX x3 TR index, the Index, providing three times the inverse daily performance of the DAX index (the Benchmark), adjusted to reflect fees as well as the costs and revenues inherent to shorting stocks.

WisdomTree DAX 3x Daily Short ETF (3DES.MI) Chart

Key Statistics of WisdomTree DAX 3x Daily Short ETF (3DES.MI)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for WisdomTree DAX 3x Daily Short ETF (3DES.MI)

As of September 2026, WisdomTree DAX 3x Daily Short ETF 3DES.MI is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes WisdomTree DAX 3x Daily Short ETF using these criteria to determine its compliance status.
The Shariah compliance status of WisdomTree DAX 3x Daily Short ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of WisdomTree DAX 3x Daily Short ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.