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ETRACS 2x Leveraged US Value Factor TR ETN IWDL

Is ETRACS 2x Leveraged US Value Factor TR ETN ETF Halal?

Shariah Compliance Analysis of IWDL ETF

No. As of October 2026, ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

IWDL was created on 2021-02-05 by ETRACS. The fund's investment portfolio concentrates primarily on large cap equity. IWDL provides 2x leveraged exposure to the compounded quarterly performance of a US large-cap index emphasizing value.

IWDL Shariah Compliance

As of October 2026, ETRACS 2x Leveraged US Value Factor TR ETN is classified as not halal.

NOT HALAL

ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) Chart

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