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ProShares Ultra SmallCap600 SAA

Is ProShares Ultra SmallCap600 ETF Halal?

Shariah Compliance Analysis of SAA ETF

No. As of October 2026, ProShares Ultra SmallCap600 (SAA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SAA was created on 2007-01-23 by ProShares. The fund's investment portfolio concentrates primarily on small cap equity. SAA provides 2x leveraged exposure to a market-cap-weighted index of 600 US small-cap companies.

SAA Shariah Compliance

As of October 2026, ProShares Ultra SmallCap600 is classified as not halal.

NOT HALAL

ProShares Ultra SmallCap600 (SAA) Chart

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