Is AXS 2X PFE Bear Daily ETF halal to invest in?

As of September 2026, AXS 2X PFE Bear Daily ETF PFES 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 AXS 2X PFE Bear Daily 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 AXS 2X PFE Bear Daily ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for AXS 2X PFE Bear Daily ETF updated?

The Shariah compliance status of AXS 2X PFE Bear Daily 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 AXS 2X PFE Bear Daily 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 AXS 2X PFE Bear Daily ETF?

You can check the latest Shariah compliance status of AXS 2X PFE Bear Daily ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

AXS 2X PFE Bear Daily ETF PFES

PFES Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, AXS 2X PFE Bear Daily ETF is classified as not halal.

NOT HALAL

Is AXS 2X PFE Bear Daily ETF Halal?

Shariah Compliance Analysis of PFES ETF

US Equity Health Care

No. As of September 2026, AXS 2X PFE Bear Daily ETF (PFES) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. AXS 2X PFE Bear Daily ETF does not pass Musaffa's business and financial screening criteria.

PFES was created on 2022-07-14 by AXS Investments. The fund's investment portfolio concentrates primarily on health care equity. PFES provides inverse (-2x) exposure, less fees and expenses, to the daily price movement for shares of Pfizer stock.

AXS 2X PFE Bear Daily ETF (PFES) Chart

Key Statistics of AXS 2X PFE Bear Daily ETF (PFES)

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FAQ's for AXS 2X PFE Bear Daily ETF (PFES)

As of September 2026, AXS 2X PFE Bear Daily ETF PFES 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.
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 AXS 2X PFE Bear Daily ETF using these criteria to determine its compliance status.
The Shariah compliance status of AXS 2X PFE Bear Daily 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 AXS 2X PFE Bear Daily ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.