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Leverage Shares 3x Long Ferrari ETP RAC3.L

Is Leverage Shares 3x Long Ferrari ETP ETF Halal?

Shariah Compliance Analysis of RAC3.L ETF

No. As of October 2026, Leverage Shares 3x Long Ferrari ETP (RAC3.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

RAC3.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. The ETP securities seek to track the iSTOXX Leveraged 3x RACE Index (the Index) which provides exposure to 3 times the daily performance of the Ferrari NV equity security (the Reference Asset)

RAC3.L Shariah Compliance

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

NOT HALAL

Leverage Shares 3x Long Ferrari ETP (RAC3.L) Chart

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