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GraniteShares 2x Long AMZN Daily ETF AMZZ

Is GraniteShares 2x Long AMZN Daily ETF Halal?

Shariah Compliance Analysis of AMZZ ETF

No. As of October 2026, GraniteShares 2x Long AMZN Daily ETF (AMZZ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

AMZZ was created on 2024-03-04 by GraniteShares. The fund's investment portfolio concentrates primarily on consumer discretionary equity. AMZZ provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock.

AMZZ Shariah Compliance

As of October 2026, GraniteShares 2x Long AMZN Daily ETF is classified as not halal.

NOT HALAL

GraniteShares 2x Long AMZN Daily ETF (AMZZ) Chart

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