As of September 2026, AXS 1.5X PYPL Bull Daily ETF is classified as not halal.
NOT HALAL
Is AXS 1.5X PYPL Bull Daily ETF Halal?
Shariah Compliance Analysis of PYPT ETF
US Equity Financials
No. As of September 2026, AXS 1.5X PYPL Bull Daily ETF (PYPT) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. AXS 1.5X PYPL Bull Daily ETF does not pass Musaffa's business and financial screening criteria.
PYPT was created on 2022-07-14 by AXS Investments. The fund's investment portfolio concentrates primarily on financials equity. PYPT provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of PayPal stock.
AXS 1.5X PYPL Bull Daily ETF (PYPT) Chart
Key Statistics of AXS 1.5X PYPL Bull Daily ETF (PYPT)
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FAQ's for AXS 1.5X PYPL Bull Daily ETF (PYPT)
As of September 2026, AXS 1.5X PYPL Bull Daily ETF PYPT 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 1.5X PYPL Bull Daily ETF using these criteria to determine its compliance status.
The Shariah compliance status of AXS 1.5X PYPL Bull 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 1.5X PYPL Bull Daily ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.