Is ProShares Short QQQ halal to invest in?

As of September 2026, ProShares Short QQQ PSQ 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 ProShares Short QQQ 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 Short QQQ using these criteria to determine its compliance status.

How often is the Shariah compliance for ProShares Short QQQ updated?

The Shariah compliance status of ProShares Short QQQ 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 Short QQQ 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 Short QQQ?

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

ProShares Short QQQ PSQ

PSQ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ProShares Short QQQ is classified as not halal.

NOT HALAL

Is ProShares Short QQQ ETF Halal?

Shariah Compliance Analysis of PSQ ETF

US Equity Large Cap

No. As of September 2026, ProShares Short QQQ (PSQ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ProShares Short QQQ does not pass Musaffa's business and financial screening criteria.

PSQ was created on 2006-06-19 by ProShares. The fund's investment portfolio concentrates primarily on large cap equity. PSQ provides inverse exposure to a modified market-cap-weighted index of 100 of the largest non-financial firms listed on NASDAQ.

ProShares Short QQQ (PSQ) Chart

Key Statistics of ProShares Short QQQ (PSQ)

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FAQ's for ProShares Short QQQ (PSQ)

As of September 2026, ProShares Short QQQ PSQ 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 ProShares Short QQQ using these criteria to determine its compliance status.
The Shariah compliance status of ProShares Short QQQ 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 Short QQQ on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.