Is Leverage Shares -3x Short South Korea ETP halal to invest in?

As of September 2026, Leverage Shares -3x Short South Korea ETP KORS.L 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 Leverage Shares -3x Short South Korea ETP 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 Leverage Shares -3x Short South Korea ETP using these criteria to determine its compliance status.

How often is the Shariah compliance for Leverage Shares -3x Short South Korea ETP updated?

The Shariah compliance status of Leverage Shares -3x Short South Korea ETP may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Leverage Shares -3x Short South Korea ETP become non-compliant?

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.

Where can I check the Shariah status of Leverage Shares -3x Short South Korea ETP?

You can check the latest Shariah compliance status of Leverage Shares -3x Short South Korea ETP on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Leverage Shares -3x Short South Korea ETP KORS.L

KORS.L Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Leverage Shares -3x Short South Korea ETP is classified as not halal.

NOT HALAL

Is Leverage Shares -3x Short South Korea ETP ETF Halal?

Shariah Compliance Analysis of KORS.L ETF

GB Equity Total Market

No. As of September 2026, Leverage Shares -3x Short South Korea ETP (KORS.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Leverage Shares -3x Short South Korea ETP does not pass Musaffa's business and financial screening criteria.

KORS.L was created on 2022-06-09 by Leverage Shares. The fund's investment portfolio concentrates primarily on total market equity. The objective of the ETP Securities is to provide -3 times the value of the daily performance of the iShares MSCI South Korea ETF , net of fees and expenses.

Leverage Shares -3x Short South Korea ETP (KORS.L) Chart

Key Statistics of Leverage Shares -3x Short South Korea ETP (KORS.L)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for Leverage Shares -3x Short South Korea ETP (KORS.L)

As of September 2026, Leverage Shares -3x Short South Korea ETP KORS.L 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 Leverage Shares -3x Short South Korea ETP using these criteria to determine its compliance status.
The Shariah compliance status of Leverage Shares -3x Short South Korea ETP 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 Leverage Shares -3x Short South Korea ETP on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.