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Defiance Daily Target 2X Short LLY ETF LLYZ

Is Defiance Daily Target 2X Short LLY ETF Halal?

Shariah Compliance Analysis of LLYZ ETF

No. As of October 2026, Defiance Daily Target 2X Short LLY ETF (LLYZ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

LLYZ was created on 2025-09-02 by Defiance. The fund's investment portfolio concentrates primarily on health care equity. LLYZ seeks to deliver 2x inverse leveraged exposure to the daily share price movement of Eli Lilly and Company (NASDAQ: LLY), less fees and expenses, through derivatives like swap agreements.

LLYZ Shariah Compliance

As of October 2026, Defiance Daily Target 2X Short LLY ETF is classified as not halal.

NOT HALAL

Defiance Daily Target 2X Short LLY ETF (LLYZ) Chart

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