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GraniteShares 3x Short Alibaba Daily ETP 3SAA.MI

Is GraniteShares 3x Short Alibaba Daily ETP ETF Halal?

Shariah Compliance Analysis of 3SAA.MI ETF

No. As of October 2026, GraniteShares 3x Short Alibaba Daily ETP (3SAA.MI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

3SAA.MI was created on 2022-02-02 by GraniteShares. The fund's investment portfolio concentrates primarily on consumer discretionary equity. GraniteShares 3x Short Alibaba Daily ETP is a guaranteed Exchange Traded-Products (ETP). The ETP tracks, excluding fees and other adjustments, the performance of the Solactive Daily Leveraged 3x short Alibaba Index which seeks to deliver -3 times the daily performance of the Alibaba Group Holding Limited shares

3SAA.MI Shariah Compliance

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

NOT HALAL

GraniteShares 3x Short Alibaba Daily ETP (3SAA.MI) Chart

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