As of September 2026, ProShares Ultra CRCL is classified as not halal.
NOT HALAL
Is ProShares Ultra CRCL ETF Halal?
Shariah Compliance Analysis of CRCA ETF
US Equity Information Technology
No. As of September 2026, ProShares Ultra CRCL (CRCA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ProShares Ultra CRCL does not pass Musaffa's business and financial screening criteria.
CRCA was created on 2025-08-06 by ProShares. The fund's investment portfolio concentrates primarily on information technology equity. CRCA provides 2x the daily return of Circle Internet Group (CRCL), less expenses.
ProShares Ultra CRCL (CRCA) Chart
Key Statistics of ProShares Ultra CRCL (CRCA)
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FAQ's for ProShares Ultra CRCL (CRCA)
As of September 2026, ProShares Ultra CRCL CRCA is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes ProShares Ultra CRCL using these criteria to determine its compliance status.
The Shariah compliance status of ProShares Ultra CRCL may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of ProShares Ultra CRCL on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.