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ProShares UltraShort MSCI EAFE EFU

Is ProShares UltraShort MSCI EAFE ETF Halal?

Shariah Compliance Analysis of EFU ETF

No. As of October 2026, ProShares UltraShort MSCI EAFE (EFU) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

EFU was created on 2007-10-23 by ProShares. The fund's investment portfolio concentrates primarily on total market equity. EFU provides geared inverse (-2x) exposure to a market-cap-weighted index representing 85% of the market capitalization of each industry group in developed markets ex-North America.

EFU Shariah Compliance

As of October 2026, ProShares UltraShort MSCI EAFE is classified as not halal.

NOT HALAL

ProShares UltraShort MSCI EAFE (EFU) Chart

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