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GraniteShares 3x Long Astrazeneca Daily ETP 3LAZ.L

Is GraniteShares 3x Long Astrazeneca Daily ETP ETF Halal?

Shariah Compliance Analysis of 3LAZ.L ETF

No. As of October 2026, GraniteShares 3x Long Astrazeneca Daily ETP (3LAZ.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

3LAZ.L was created on 2019-11-04 by GraniteShares. The fund's investment portfolio concentrates primarily on health care equity. GraniteShares 3x Long AstraZeneca Daily ETP is a collateralised, Exchange-Traded Product (ETP). The ETP tracks, excluding fees and other adjustments, the performance of the Solactive Daily Leveraged 3x Long AstraZeneca PLC Index that seeks to provide 3 times the daily performance of AstraZeneca PLC shares.

3LAZ.L Shariah Compliance

As of October 2026, GraniteShares 3x Long Astrazeneca Daily ETP is classified as not halal.

NOT HALAL

GraniteShares 3x Long Astrazeneca Daily ETP (3LAZ.L) Chart

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