Is Defiance Leveraged Long Income MSTR ETF halal to invest in?

As of October 2026, Defiance Leveraged Long Income MSTR ETF MST 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 Defiance Leveraged Long Income MSTR 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 Defiance Leveraged Long Income MSTR ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Defiance Leveraged Long Income MSTR ETF updated?

The Shariah compliance status of Defiance Leveraged Long Income MSTR 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 Defiance Leveraged Long Income MSTR 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 Defiance Leveraged Long Income MSTR ETF?

You can check the latest Shariah compliance status of Defiance Leveraged Long Income MSTR ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Defiance Leveraged Long Income MSTR ETF MST

Is Defiance Leveraged Long Income MSTR ETF Halal?

Shariah Compliance Analysis of MST ETF

No. As of October 2026, Defiance Leveraged Long Income MSTR ETF (MST) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

MST was created on 2025-05-01 by Defiance. The fund's investment portfolio concentrates primarily on information technology equity. MST is an actively managed fund that provides 1.5x to 2x leveraged exposure to the daily share price movement of the MicroStrategy Incorporated (NYSE: MSTR), less fees and expenses. The fund uses credit call spreads to generate income. The fund seeks long-term capital appreciation while also aiming for regular cash distributions.

MST Shariah Compliance

As of October 2026, Defiance Leveraged Long Income MSTR ETF is classified as not halal.

NOT HALAL

Defiance Leveraged Long Income MSTR ETF (MST) Chart

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