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ProShares UltraShort MidCap400 MZZ

Is ProShares UltraShort MidCap400 ETF Halal?

Shariah Compliance Analysis of MZZ ETF

No. As of October 2026, ProShares UltraShort MidCap400 (MZZ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

MZZ was created on 2006-07-11 by ProShares. The fund's investment portfolio concentrates primarily on mid cap equity. MZZ provides -2x exposure to a market cap-weighted index of 400 US mid-cap companies.

MZZ Shariah Compliance

As of October 2026, ProShares UltraShort MidCap400 is classified as not halal.

NOT HALAL

ProShares UltraShort MidCap400 (MZZ) Chart

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