As of September 2026, ProShares Ultra Energy is classified as not halal.
NOT HALAL
Is ProShares Ultra Energy ETF Halal?
Shariah Compliance Analysis of DIG ETF
US Equity Energy
No. As of September 2026, ProShares Ultra Energy (DIG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ProShares Ultra Energy does not pass Musaffa's business and financial screening criteria.
DIG was created on 2007-01-30 by ProShares. The fund's investment portfolio concentrates primarily on energy equity. DIG provides 2x the daily performance of large US oil and gas companies.
ProShares Ultra Energy (DIG) Chart
Key Statistics of ProShares Ultra Energy (DIG)
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FAQ's for ProShares Ultra Energy (DIG)
As of September 2026, ProShares Ultra Energy DIG 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 Energy using these criteria to determine its compliance status.
The Shariah compliance status of ProShares Ultra Energy 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 Energy on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
US Equity Energy