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ProShares UltraShort MSCI Japan EWV

Is ProShares UltraShort MSCI Japan ETF Halal?

Shariah Compliance Analysis of EWV ETF

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

EWV was created on 2007-11-06 by ProShares. The fund's investment portfolio concentrates primarily on total market equity. EWV provides 2x inverse exposure to the MSCI Japan Index, which covers approximately 85% of the float-adjusted market cap of the Japanese equity market.

EWV Shariah Compliance

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

NOT HALAL

ProShares UltraShort MSCI Japan (EWV) Chart

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