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ProShares Nasdaq-100 High Income ETF IQQQ

Is ProShares Nasdaq-100 High Income ETF Halal?

Shariah Compliance Analysis of IQQQ ETF

No. As of October 2026, ProShares Nasdaq-100 High Income ETF (IQQQ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

IQQQ was created on 2024-03-18 by ProShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 347.34m in AUM and 101 holdings. IQQQ tracks an index pursuing a daily covered call writing strategy on Nasdaq-100 stocks. The fund seeks to generate a high level of income combined with the performance returns of the Nasdaq-100 Index over the long term.

IQQQ Shariah Compliance

As of October 2026, ProShares Nasdaq-100 High Income ETF is classified as not halal.

NOT HALAL

ProShares Nasdaq-100 High Income ETF (IQQQ) Chart

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