As of September 2026, ProShares Ultra MSCI Emerging Markets is classified as not halal.
NOT HALAL
Is ProShares Ultra MSCI Emerging Markets ETF Halal?
Shariah Compliance Analysis of EET ETF
US Equity Total Market
No. As of September 2026, ProShares Ultra MSCI Emerging Markets (EET) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ProShares Ultra MSCI Emerging Markets does not pass Musaffa's business and financial screening criteria.
EET was created on 2009-06-02 by ProShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 27.18m in AUM and 1 holdings. EET provides 2x exposure to an index covering 85% of the market cap within emerging-market countries.
ProShares Ultra MSCI Emerging Markets (EET) Chart
Key Statistics of ProShares Ultra MSCI Emerging Markets (EET)
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FAQ's for ProShares Ultra MSCI Emerging Markets (EET)
As of September 2026, ProShares Ultra MSCI Emerging Markets EET 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 MSCI Emerging Markets using these criteria to determine its compliance status.
The Shariah compliance status of ProShares Ultra MSCI Emerging Markets 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 MSCI Emerging Markets on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.