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Leverage Shares 3x Netflix ETP NFL3.L

Is Leverage Shares 3x Netflix ETP ETF Halal?

Shariah Compliance Analysis of NFL3.L ETF

No. As of October 2026, Leverage Shares 3x Netflix ETP (NFL3.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

NFL3.L was created on 2020-06-04 by Leverage Shares. The fund's investment portfolio concentrates primarily on communication services equity. The Leverage Shares 3x Netflix ETP seeks to track the iSTOXX Leveraged 3X NFLX Index, which is designed to provide 3x the daily leveraged returns of Netflix, Inc. stock. It invests directly in the underlying Netflix, Inc. stock and uses margin (borrowing) to purchase additional shares of Netflix, Inc. stock.

NFL3.L Shariah Compliance

As of October 2026, Leverage Shares 3x Netflix ETP is classified as not halal.

NOT HALAL

Leverage Shares 3x Netflix ETP (NFL3.L) Chart

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