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Leverage Shares -3x Short Ferrari ETP RA3S.L

Is Leverage Shares -3x Short Ferrari ETP ETF Halal?

Shariah Compliance Analysis of RA3S.L ETF

No. As of October 2026, Leverage Shares -3x Short Ferrari ETP (RA3S.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

RA3S.L was created on 2023-05-17 by Leverage Shares. The fund's investment portfolio concentrates primarily on consumer discretionary equity. The objective of the ETP Securities is to provide -3 times the value of the daily performance of the Ferrari NV equity security, net of fees and expenses

RA3S.L Shariah Compliance

As of October 2026, Leverage Shares -3x Short Ferrari ETP is classified as not halal.

NOT HALAL

Leverage Shares -3x Short Ferrari ETP (RA3S.L) Chart

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