As of September 2026, Leverage Shares -3x Short Amazon ETP is classified as not halal.
NOT HALAL
Is Leverage Shares -3x Short Amazon ETP ETF Halal?
Shariah Compliance Analysis of AM3S.L ETF
GB Equity Consumer Discretionary
No. As of September 2026, Leverage Shares -3x Short Amazon ETP (AM3S.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Leverage Shares -3x Short Amazon ETP does not pass Musaffa's business and financial screening criteria.
AM3S.L was created on 2022-06-09 by Leverage Shares. The fund's investment portfolio concentrates primarily on consumer discretionary equity. The objective of the ETP Securities is to provide -3 times the value of the daily performance of the Amazon.com, Inc
Leverage Shares -3x Short Amazon ETP (AM3S.L) Chart
Key Statistics of Leverage Shares -3x Short Amazon ETP (AM3S.L)
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FAQ's for Leverage Shares -3x Short Amazon ETP (AM3S.L)
As of September 2026, Leverage Shares -3x Short Amazon ETP AM3S.L 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 Leverage Shares -3x Short Amazon ETP using these criteria to determine its compliance status.
The Shariah compliance status of Leverage Shares -3x Short Amazon ETP 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 Leverage Shares -3x Short Amazon ETP on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.