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GraniteShares 2x Long AVGO Daily ETF AVGU

Is GraniteShares 2x Long AVGO Daily ETF Halal?

Shariah Compliance Analysis of AVGU ETF

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

AVGU was created on 2025-07-15 by GraniteShares. The fund's investment portfolio concentrates primarily on information technology equity. AVGU provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Broadcom Inc. stock.

AVGU Shariah Compliance

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

NOT HALAL

GraniteShares 2x Long AVGO Daily ETF (AVGU) Chart

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