Is ProShares Ultra Technology halal to invest in?

As of September 2026, ProShares Ultra Technology ROM is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is ProShares Ultra Technology a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes ProShares Ultra Technology using these criteria to determine its compliance status.

How often is the Shariah compliance for ProShares Ultra Technology updated?

The Shariah compliance status of ProShares Ultra Technology may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like ProShares Ultra Technology become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of ProShares Ultra Technology?

You can check the latest Shariah compliance status of ProShares Ultra Technology on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

ProShares Ultra Technology ROM

ROM Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ProShares Ultra Technology is classified as not halal.

NOT HALAL

Is ProShares Ultra Technology ETF Halal?

Shariah Compliance Analysis of ROM ETF

US Equity Information Technology

No. As of September 2026, ProShares Ultra Technology (ROM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ProShares Ultra Technology does not pass Musaffa's business and financial screening criteria.

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

ProShares Ultra Technology (ROM) Chart

Key Statistics of ProShares Ultra Technology (ROM)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
67.26%
Information Technology
32.74%

FAQ's for ProShares Ultra Technology (ROM)

As of September 2026, ProShares Ultra Technology ROM is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes ProShares Ultra Technology using these criteria to determine its compliance status.
The Shariah compliance status of ProShares Ultra Technology may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of ProShares Ultra Technology on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.