Musaffa Logo
Leverage Shares 3x Amazon ETP AMZ3.L

Is Leverage Shares 3x Amazon ETP ETF Halal?

Shariah Compliance Analysis of AMZ3.L ETF

No. As of October 2026, Leverage Shares 3x Amazon ETP (AMZ3.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

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.

AMZ3.L Shariah Compliance

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

NOT HALAL

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

Fetching Price Chart...