Is Tradr 2X Long Innovation 100 Monthly ETF halal to invest in?

As of September 2026, Tradr 2X Long Innovation 100 Monthly ETF MQQQ 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 Tradr 2X Long Innovation 100 Monthly ETF 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 Tradr 2X Long Innovation 100 Monthly ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Tradr 2X Long Innovation 100 Monthly ETF updated?

The Shariah compliance status of Tradr 2X Long Innovation 100 Monthly ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Tradr 2X Long Innovation 100 Monthly ETF 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 Tradr 2X Long Innovation 100 Monthly ETF?

You can check the latest Shariah compliance status of Tradr 2X Long Innovation 100 Monthly ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Tradr 2X Long Innovation 100 Monthly ETF MQQQ

MQQQ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Tradr 2X Long Innovation 100 Monthly ETF is classified as not halal.

NOT HALAL

Is Tradr 2X Long Innovation 100 Monthly ETF Halal?

Shariah Compliance Analysis of MQQQ ETF

US Equity Large Cap

No. As of September 2026, Tradr 2X Long Innovation 100 Monthly ETF (MQQQ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Tradr 2X Long Innovation 100 Monthly ETF does not pass Musaffa's business and financial screening criteria.

MQQQ was created on 2024-09-03 by Tradr. The fund's investment portfolio concentrates primarily on large cap equity. MQQQ is actively managed, seeking to provide 2x the exposure to the monthly price return of the Invesco QQQ Trust (ticker: QQQ-US) through swap agreements with major global financial institutions.

Tradr 2X Long Innovation 100 Monthly ETF (MQQQ) Chart

Key Statistics of Tradr 2X Long Innovation 100 Monthly ETF (MQQQ)

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FAQ's for Tradr 2X Long Innovation 100 Monthly ETF (MQQQ)

As of September 2026, Tradr 2X Long Innovation 100 Monthly ETF MQQQ 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 Tradr 2X Long Innovation 100 Monthly ETF using these criteria to determine its compliance status.
The Shariah compliance status of Tradr 2X Long Innovation 100 Monthly ETF 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 Tradr 2X Long Innovation 100 Monthly ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.