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GraniteShares 2x Long IONQ Daily ETF IONL

Is GraniteShares 2x Long IONQ Daily ETF Halal?

Shariah Compliance Analysis of IONL ETF

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

IONL was created on 2025-03-25 by GraniteShares. The fund's investment portfolio concentrates primarily on information technology equity. IONL provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of IonQ, Inc. (IONQ) stock.

IONL Shariah Compliance

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

NOT HALAL

GraniteShares 2x Long IONQ Daily ETF (IONL) Chart

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