Is WisdomTree FTSE MIB 3x Daily Short halal to invest in?

As of September 2026, WisdomTree FTSE MIB 3x Daily Short 3ITS.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 FTSE MIB 3x Daily Short 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 FTSE MIB 3x Daily Short using these criteria to determine its compliance status.

How often is the Shariah compliance for WisdomTree FTSE MIB 3x Daily Short updated?

The Shariah compliance status of WisdomTree FTSE MIB 3x Daily Short 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 FTSE MIB 3x Daily Short 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 FTSE MIB 3x Daily Short?

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

WisdomTree FTSE MIB 3x Daily Short 3ITS.MI

3ITS.MI Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is WisdomTree FTSE MIB 3x Daily Short ETF Halal?

Shariah Compliance Analysis of 3ITS.MI ETF

GB Equity Total Market

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

3ITS.MI was created on 2013-10-31 by WisdomTree. The fund's investment portfolio concentrates primarily on total market equity. The objective of this product is to track the FTSE MIB Ultra Short Strategy RT GR index, the Index, providing three times the inverse daily performance of the FTSE MIB Total Return index (the Benchmark), adjusted to reflect fees as well as the costs and revenues inherent to shorting stocks.

WisdomTree FTSE MIB 3x Daily Short (3ITS.MI) Chart

Key Statistics of WisdomTree FTSE MIB 3x Daily Short (3ITS.MI)

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FAQ's for WisdomTree FTSE MIB 3x Daily Short (3ITS.MI)

As of September 2026, WisdomTree FTSE MIB 3x Daily Short 3ITS.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 FTSE MIB 3x Daily Short using these criteria to determine its compliance status.
The Shariah compliance status of WisdomTree FTSE MIB 3x Daily Short 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 FTSE MIB 3x Daily Short on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.