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ProShares UltraShort Technology REW

Is ProShares UltraShort Technology ETF Halal?

Shariah Compliance Analysis of REW ETF

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

REW was created on 2007-01-30 by ProShares. The fund's investment portfolio concentrates primarily on information technology equity. REW provides 2x leveraged inverse exposure to a market-cap-weighted index that measures the performance of large US technology companies.

REW Shariah Compliance

As of October 2026, ProShares UltraShort Technology is classified as not halal.

NOT HALAL

ProShares UltraShort Technology (REW) Chart

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