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GraniteShares 2x Long META Daily ETF FBL

Is GraniteShares 2x Long META Daily ETF Halal?

Shariah Compliance Analysis of FBL ETF

No. As of October 2026, GraniteShares 2x Long META Daily ETF (FBL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

FBL was created on 2022-12-13 by GraniteShares. The fund's investment portfolio concentrates primarily on communication services equity. FBL provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Meta Platforms, Inc. Class A stock.

FBL Shariah Compliance

As of October 2026, GraniteShares 2x Long META Daily ETF is classified as not halal.

NOT HALAL

GraniteShares 2x Long META Daily ETF (FBL) Chart

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