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MicroSectors Travel -3x Inverse Leveraged ETN FLYD

Is MicroSectors Travel -3x Inverse Leveraged ETN ETF Halal?

Shariah Compliance Analysis of FLYD ETF

No. As of October 2026, MicroSectors Travel -3x Inverse Leveraged ETN (FLYD) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

FLYD was created on 2022-06-21 by REX Microsectors. The fund's investment portfolio concentrates primarily on consumer discretionary equity. FLYD tracks -3x the daily price movements of a liquidity-weighted index of US-listed travel-related companies.

FLYD Shariah Compliance

As of October 2026, MicroSectors Travel -3x Inverse Leveraged ETN is classified as not halal.

NOT HALAL

MicroSectors Travel -3x Inverse Leveraged ETN (FLYD) Chart

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