Musaffa Logo
ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN BDCX

Is ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN ETF Halal?

Shariah Compliance Analysis of BDCX ETF

No. As of October 2026, ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (BDCX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

BDCX was created on 2020-06-02 by ETRACS. The fund's investment portfolio concentrates primarily on financials equity. BDCX provides 1.5x leveraged exposure, compounded quarterly, to a tiered-weighted index of business development companies (BDC) listed and incorporated in the US

BDCX Shariah Compliance

As of October 2026, ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN is classified as not halal.

NOT HALAL

ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (BDCX) Chart

Fetching Price Chart...