Musaffa Logo
BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units SCND.TO

Is BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units Halal?

Shariah Compliance Analysis of SCND.TO ETF

No. As of October 2026, BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units (SCND.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SCND.TO was created on 2025-08-11 by BetaPro. The fund's investment portfolio concentrates primarily on large cap equity. The fund provides -3x exposure to a market cap-weighted index of 60 large-cap Canadian firms selected by the S&P Index Committee.

SCND.TO Shariah Compliance

As of October 2026, BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units is classified as not halal.

NOT HALAL

BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units (SCND.TO) Chart

Fetching Price Chart...