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ProShares Ultra QQQ QLD

Is ProShares Ultra QQQ ETF Halal?

Shariah Compliance Analysis of QLD ETF

No. As of October 2026, ProShares Ultra QQQ (QLD) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

QLD was created on 2006-06-19 by ProShares. The fund's investment portfolio concentrates primarily on large cap equity. QLD provides 2x leveraged exposure to a modified market-cap-weighted index of 100 large non-financial stocks listed on NASDAQ.

QLD Shariah Compliance

As of October 2026, ProShares Ultra QQQ is classified as not halal.

NOT HALAL

ProShares Ultra QQQ (QLD) Chart

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