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Defiance Daily Target 2X Long RIOT ETF RIOX

Is Defiance Daily Target 2X Long RIOT ETF Halal?

Shariah Compliance Analysis of RIOX ETF

No. As of October 2026, Defiance Daily Target 2X Long RIOT ETF (RIOX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

RIOX was created on 2025-01-02 by Defiance. The fund's investment portfolio concentrates primarily on information technology equity. RIOX aims to provide 2x long daily price performance of Riot Platforms, Inc. shares, less fees and expenses, through the use of swap contracts. The underlying stock focuses on cryptocurrencies and cryptocurrency mining computers.

RIOX Shariah Compliance

As of October 2026, Defiance Daily Target 2X Long RIOT ETF is classified as not halal.

NOT HALAL

Defiance Daily Target 2X Long RIOT ETF (RIOX) Chart

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