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MicroSectors U.S. Big Oil 3 Leveraged ETN NRGU

Is MicroSectors U.S. Big Oil 3 Leveraged ETN ETF Halal?

Shariah Compliance Analysis of NRGU ETF

No. As of October 2026, MicroSectors U.S. Big Oil 3 Leveraged ETN (NRGU) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

NRGU was created on 2025-02-19 by REX Microsectors. The fund's investment portfolio concentrates primarily on energy equity. NRGU tracks three times the performance of an equal-weighted index of US Oil & Gas companies.

NRGU Shariah Compliance

As of October 2026, MicroSectors U.S. Big Oil 3 Leveraged ETN is classified as not halal.

NOT HALAL

MicroSectors U.S. Big Oil 3 Leveraged ETN (NRGU) Chart

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