Is ProShares UltraShort Energy halal to invest in?

As of September 2026, ProShares UltraShort Energy DUG 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.

Is ProShares UltraShort Energy a Shariah-compliant ETF?

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 UltraShort Energy using these criteria to determine its compliance status.

How often is the Shariah compliance for ProShares UltraShort Energy updated?

The Shariah compliance status of ProShares UltraShort Energy may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like ProShares UltraShort Energy become non-compliant?

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.

Where can I check the Shariah status of ProShares UltraShort Energy?

You can check the latest Shariah compliance status of ProShares UltraShort Energy on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

ProShares UltraShort Energy DUG

DUG Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ProShares UltraShort Energy is classified as not halal.

NOT HALAL

Is ProShares UltraShort Energy ETF Halal?

Shariah Compliance Analysis of DUG ETF

US Equity Energy

No. As of September 2026, ProShares UltraShort Energy (DUG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ProShares UltraShort Energy does not pass Musaffa's business and financial screening criteria.

DUG was created on 2007-01-30 by ProShares. The fund's investment portfolio concentrates primarily on energy equity. DUG provides -2x exposure to a market-cap-weighted index of large US oil and gas companies.

ProShares UltraShort Energy (DUG) Chart

Key Statistics of ProShares UltraShort Energy (DUG)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for ProShares UltraShort Energy (DUG)

As of September 2026, ProShares UltraShort Energy DUG 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 UltraShort Energy using these criteria to determine its compliance status.
The Shariah compliance status of ProShares UltraShort 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 UltraShort Energy on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.