Is ProShares Decline of the Retail Store ETF halal to invest in?

As of September 2026, ProShares Decline of the Retail Store ETF EMTY 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 Decline of the Retail Store ETF 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 Decline of the Retail Store ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for ProShares Decline of the Retail Store ETF updated?

The Shariah compliance status of ProShares Decline of the Retail Store ETF 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 Decline of the Retail Store ETF 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 Decline of the Retail Store ETF?

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

ProShares Decline of the Retail Store ETF EMTY

EMTY Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ProShares Decline of the Retail Store ETF is classified as not halal.

NOT HALAL

Is ProShares Decline of the Retail Store ETF Halal?

Shariah Compliance Analysis of EMTY ETF

US Equity Consumer Discretionary

No. As of September 2026, ProShares Decline of the Retail Store ETF (EMTY) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ProShares Decline of the Retail Store ETF does not pass Musaffa's business and financial screening criteria.

EMTY was created on 2017-11-14 by ProShares. The fund's investment portfolio concentrates primarily on consumer discretionary equity. EMTY provides inverse exposure to an equally weighted index of US stocks in the retail industry using swap agreements.

ProShares Decline of the Retail Store ETF (EMTY) Chart

Key Statistics of ProShares Decline of the Retail Store ETF (EMTY)

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FAQ's for ProShares Decline of the Retail Store ETF (EMTY)

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