Is ProShares Online Retail ETF halal to invest in?

As of September 2026, ProShares Online Retail ETF ONLN is classified as doubtful 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 ProShares Online Retail 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 ProShares Online Retail ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for ProShares Online Retail ETF updated?

The Shariah compliance status of ProShares Online Retail 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 ProShares Online Retail 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 ProShares Online Retail ETF?

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

ProShares Online Retail ETF ONLN

ONLN Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ProShares Online Retail ETF is classified as doubtful.

DOUBTFUL

Is ProShares Online Retail ETF Halal?

Shariah Compliance Analysis of ONLN ETF

US Equity Consumer Discretionary

No. As of September 2026, ProShares Online Retail ETF (ONLN) is classified as DOUBTFUL by Musaffa under its AAOIFI-based Shariah screening methodology. ProShares Online Retail ETF does not fully pass Musaffa's business and financial screening criteria.

ONLN was created on 2018-07-13 by ProShares. The fund's investment portfolio concentrates primarily on consumer discretionary equity. The ETF currently has 76.37m in AUM and 20 holdings. ONLN tracks a global, modified market-cap weighted index of stocks issued by companies classified as online retailers.

ProShares Online Retail ETF (ONLN) Chart

Key Statistics of ProShares Online Retail ETF (ONLN)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Discretionary
93.14%
Other
2.89%
Communication Services
2.31%
Consumer Staples
1.66%

FAQ's for ProShares Online Retail ETF (ONLN)

As of September 2026, ProShares Online Retail ETF ONLN is classified as doubtful 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 ProShares Online Retail ETF using these criteria to determine its compliance status.
The Shariah compliance status of ProShares Online Retail 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 ProShares Online Retail ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.