Is Leverage Shares 3x Amazon ETP halal to invest in?

As of September 2026, Leverage Shares 3x Amazon ETP AMZ3.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.

Is Leverage Shares 3x Amazon ETP a Shariah-compliant ETF?

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 Amazon ETP using these criteria to determine its compliance status.

How often is the Shariah compliance for Leverage Shares 3x Amazon ETP updated?

The Shariah compliance status of Leverage Shares 3x Amazon ETP may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Leverage Shares 3x Amazon ETP become non-compliant?

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.

Where can I check the Shariah status of Leverage Shares 3x Amazon ETP?

You can check the latest Shariah compliance status of Leverage Shares 3x Amazon ETP on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Leverage Shares 3x Amazon ETP AMZ3.L

AMZ3.L Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Leverage Shares 3x Amazon ETP is classified as not halal.

NOT HALAL

Is Leverage Shares 3x Amazon ETP ETF Halal?

Shariah Compliance Analysis of AMZ3.L ETF

GB Equity Consumer Discretionary

No. As of September 2026, Leverage Shares 3x Amazon ETP (AMZ3.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Leverage Shares 3x Amazon ETP does not pass Musaffa's business and financial screening criteria.

AMZ3.L was created on 2020-06-04 by Leverage Shares. The fund's investment portfolio concentrates primarily on consumer discretionary equity. The Leverage Shares 3x Amazon ETP seeks to track the iSTOXX Leveraged 3x AMZN Index, which is designed to provide 3x the daily leveraged returns of Amazon, Inc. stock. It invests directly in the underlying Amazon, Inc. stock and uses margin (borrowing) to purchase additional shares of Amazon, Inc. stock.

Leverage Shares 3x Amazon ETP (AMZ3.L) Chart

Key Statistics of Leverage Shares 3x Amazon ETP (AMZ3.L)

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FAQ's for Leverage Shares 3x Amazon ETP (AMZ3.L)

As of September 2026, Leverage Shares 3x Amazon ETP AMZ3.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 Amazon ETP using these criteria to determine its compliance status.
The Shariah compliance status of Leverage Shares 3x 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 Amazon ETP on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.