Is Leverage Shares -3x Short Gold Miners ETP halal to invest in?

As of September 2026, Leverage Shares -3x Short Gold Miners ETP GDMS.L 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 Leverage Shares -3x Short Gold Miners ETP 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 Leverage Shares -3x Short Gold Miners ETP using these criteria to determine its compliance status.

How often is the Shariah compliance for Leverage Shares -3x Short Gold Miners ETP updated?

The Shariah compliance status of Leverage Shares -3x Short Gold Miners ETP may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Leverage Shares -3x Short Gold Miners ETP 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 Leverage Shares -3x Short Gold Miners ETP?

You can check the latest Shariah compliance status of Leverage Shares -3x Short Gold Miners ETP on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Leverage Shares -3x Short Gold Miners ETP GDMS.L

GDMS.L Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Leverage Shares -3x Short Gold Miners ETP is classified as not halal.

NOT HALAL

Is Leverage Shares -3x Short Gold Miners ETP ETF Halal?

Shariah Compliance Analysis of GDMS.L ETF

GB Equity Materials

No. As of September 2026, Leverage Shares -3x Short Gold Miners ETP (GDMS.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Leverage Shares -3x Short Gold Miners ETP does not pass Musaffa's business and financial screening criteria.

GDMS.L was created on 2021-12-14 by Leverage Shares. The fund's investment portfolio concentrates primarily on materials equity. The Leverage Shares -3x Short Gold Miners ETP Securities seeks to track the -3x Short Gold Miners Investment Strategy, which is designed to provide -3x the daily return of VanEck Vectors Gold Miners ETF stock, adjusted to reflect the fees and inherent costs and revenues of shorting.

Leverage Shares -3x Short Gold Miners ETP (GDMS.L) Chart

Key Statistics of Leverage Shares -3x Short Gold Miners ETP (GDMS.L)

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FAQ's for Leverage Shares -3x Short Gold Miners ETP (GDMS.L)

As of September 2026, Leverage Shares -3x Short Gold Miners ETP GDMS.L 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 Leverage Shares -3x Short Gold Miners ETP using these criteria to determine its compliance status.
The Shariah compliance status of Leverage Shares -3x Short Gold Miners ETP 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 Leverage Shares -3x Short Gold Miners ETP on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.