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Defiance Leveraged Long Income HOOD ETF HOOI

Is Defiance Leveraged Long Income HOOD ETF Halal?

Shariah Compliance Analysis of HOOI ETF

No. As of October 2026, Defiance Leveraged Long Income HOOD ETF (HOOI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

HOOI was created on 2025-08-18 by Defiance. The fund's investment portfolio concentrates primarily on financials equity. HOOI is an actively managed fund, aiming to provide 1.5x to 2x leveraged exposure to the daily price movement of Robinhood Markets (HOOD). The fund uses swaps to pursue the fund objective.

HOOI Shariah Compliance

As of October 2026, Defiance Leveraged Long Income HOOD ETF is classified as not halal.

NOT HALAL

Defiance Leveraged Long Income HOOD ETF (HOOI) Chart

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