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Defiance Leveraged Long + Income AMD ETF AMDU

Is Defiance Leveraged Long + Income AMD ETF Halal?

Shariah Compliance Analysis of AMDU ETF

No. As of October 2026, Defiance Leveraged Long + Income AMD ETF (AMDU) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

AMDU was created on 2025-08-19 by Defiance. The fund's investment portfolio concentrates primarily on information technology equity. AMDU is an actively managed fund, aiming to provide 1.5x to 2x leveraged exposure to the daily price movement of Advanced Micro Devices (AMD), combined with credit call spreads to generate income. The fund uses swaps to pursue the fund objective.

AMDU Shariah Compliance

As of October 2026, Defiance Leveraged Long + Income AMD ETF is classified as not halal.

NOT HALAL

Defiance Leveraged Long + Income AMD ETF (AMDU) Chart

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