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Leverage Shares -1x Alibaba ETP BABS.L

Is Leverage Shares -1x Alibaba ETP ETF Halal?

Shariah Compliance Analysis of BABS.L ETF

No. As of October 2026, Leverage Shares -1x Alibaba ETP (BABS.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

BABS.L was created on 2020-06-04 by Leverage Shares. The fund's investment portfolio concentrates primarily on consumer discretionary equity. The Leverage Shares -1x Alibaba Group Holding ETP seeks to track the iSTOXX Inverse Leveraged -1X BABA Index, which is designed to provide -1x the daily leveraged returns of Alibaba Group Holding Ltd stock. It holds the short positions in the underlying Alibaba Group Holding Ltd stock and resulting cash balances.

BABS.L Shariah Compliance

As of October 2026, Leverage Shares -1x Alibaba ETP is classified as not halal.

NOT HALAL

Leverage Shares -1x Alibaba ETP (BABS.L) Chart

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