Is ProShares UltraShort Dow30 halal to invest in?

As of September 2026, ProShares UltraShort Dow30 DXD 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 Dow30 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 Dow30 using these criteria to determine its compliance status.

How often is the Shariah compliance for ProShares UltraShort Dow30 updated?

The Shariah compliance status of ProShares UltraShort Dow30 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 Dow30 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 Dow30?

You can check the latest Shariah compliance status of ProShares UltraShort Dow30 on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

ProShares UltraShort Dow30 DXD

DXD Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ProShares UltraShort Dow30 is classified as not halal.

NOT HALAL

Is ProShares UltraShort Dow30 ETF Halal?

Shariah Compliance Analysis of DXD ETF

US Equity Large Cap

No. As of September 2026, ProShares UltraShort Dow30 (DXD) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ProShares UltraShort Dow30 does not pass Musaffa's business and financial screening criteria.

DXD was created on 2006-07-11 by ProShares. The fund's investment portfolio concentrates primarily on large cap equity. DXD provides 2x inverse exposure to the price-weighted Dow Jones Industrial Average, which includes 30 of the largest US companies.

ProShares UltraShort Dow30 (DXD) Chart

Key Statistics of ProShares UltraShort Dow30 (DXD)

Today's Open

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Avg. Volume

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FAQ's for ProShares UltraShort Dow30 (DXD)

As of September 2026, ProShares UltraShort Dow30 DXD 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 Dow30 using these criteria to determine its compliance status.
The Shariah compliance status of ProShares UltraShort Dow30 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 Dow30 on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.