Is ProShares Investment Grade-Interest Rate Hedged halal to invest in?

As of September 2026, ProShares Investment Grade-Interest Rate Hedged IGHG 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 ProShares Investment Grade-Interest Rate Hedged 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 ProShares Investment Grade-Interest Rate Hedged using these criteria to determine its compliance status.

How often is the Shariah compliance for ProShares Investment Grade-Interest Rate Hedged updated?

The Shariah compliance status of ProShares Investment Grade-Interest Rate Hedged may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Where can I check the Shariah status of ProShares Investment Grade-Interest Rate Hedged?

You can check the latest Shariah compliance status of ProShares Investment Grade-Interest Rate Hedged on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

ProShares Investment Grade-Interest Rate Hedged IGHG

IGHG Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ProShares Investment Grade-Interest Rate Hedged is classified as not halal.

NOT HALAL

Is ProShares Investment Grade-Interest Rate Hedged ETF Halal?

Shariah Compliance Analysis of IGHG ETF

US Fixed Income Investment Grade

No. As of September 2026, ProShares Investment Grade-Interest Rate Hedged (IGHG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ProShares Investment Grade-Interest Rate Hedged does not pass Musaffa's business and financial screening criteria.

IGHG was created on 2013-11-05 by ProShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 279.18m in AUM and 179 holdings. IGHG tracks an index with long exposure to USD-denominated investment-grade debt and short exposure to US Treasurys. The fund aims to minimize interest-rate risk.

ProShares Investment Grade-Interest Rate Hedged (IGHG) Chart

Key Statistics of ProShares Investment Grade-Interest Rate Hedged (IGHG)

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FAQ's for ProShares Investment Grade-Interest Rate Hedged (IGHG)

As of September 2026, ProShares Investment Grade-Interest Rate Hedged IGHG 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 ProShares Investment Grade-Interest Rate Hedged using these criteria to determine its compliance status.
The Shariah compliance status of ProShares Investment Grade-Interest Rate Hedged 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 ProShares Investment Grade-Interest Rate Hedged on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.