Musaffa Logo
GraniteShares 3x Short NIO Daily ETP 3SNI.L

Is GraniteShares 3x Short NIO Daily ETP ETF Halal?

Shariah Compliance Analysis of 3SNI.L ETF

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

3SNI.L was created on 2021-03-08 by GraniteShares. The fund's investment portfolio concentrates primarily on consumer discretionary equity. GraniteShares 3x Short NIO Daily ETP is a collateralised, ExchangeTraded Product (ETP). The ETP tracks, excluding fees and other adjustments, the performance of the Solactive Daily Leveraged 3x Short NIO Index that seeks to provide 3x times the daily performance of NIO Inc shares.

3SNI.L Shariah Compliance

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

NOT HALAL

GraniteShares 3x Short NIO Daily ETP (3SNI.L) Chart

Fetching Price Chart...