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GraniteShares Financial PLC Exchange Traded Product 2022-04.02.72 (Exp.21.01.72) on Solactive Daily Leveraged 3x 3SSP.MI

Is GraniteShares Financial PLC Exchange Traded Product 2022-04.02.72 (Exp.21.01.72) on Solactive Daily Leveraged 3x ETF Halal?

Shariah Compliance Analysis of 3SSP.MI ETF

No. As of October 2026, GraniteShares Financial PLC Exchange Traded Product 2022-04.02.72 (Exp.21.01.72) on Solactive Daily Leveraged 3x (3SSP.MI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

3SSP.MI was created on 2022-02-02 by GraniteShares. The fund's investment portfolio concentrates primarily on financials equity. GraniteShares 3x Short Intesa Sanpaolo Daily ETP (the Product) seeks to replicate the performance of the Solactive Daily Leveraged 3x short Intesa Sanpaolo Index (the Underlying Index) which provides a total return exposure to -3 times the daily performance of Intesa Sanpaolo S.p.A. (the Underlying Asset).

3SSP.MI Shariah Compliance

As of October 2026, GraniteShares Financial PLC Exchange Traded Product 2022-04.02.72 (Exp.21.01.72) on Solactive Daily Leveraged 3x is classified as not halal.

NOT HALAL

GraniteShares Financial PLC Exchange Traded Product 2022-04.02.72 (Exp.21.01.72) on Solactive Daily Leveraged 3x (3SSP.MI) Chart

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