As of September 2026, ProShares UltraPro Short Dow30 is classified as not halal.
NOT HALAL
Is ProShares UltraPro Short Dow30 ETF Halal?
Shariah Compliance Analysis of SDOW ETF
US Equity Large Cap
No. As of September 2026, ProShares UltraPro Short Dow30 (SDOW) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ProShares UltraPro Short Dow30 does not pass Musaffa's business and financial screening criteria.
SDOW was created on 2010-02-11 by ProShares. The fund's investment portfolio concentrates primarily on large cap equity. SDOW provides 3x inverse exposure to the price-weighted Dow Jones Industrial Average, which includes 30 of the largest US companies.
ProShares UltraPro Short Dow30 (SDOW) Chart
Key Statistics of ProShares UltraPro Short Dow30 (SDOW)
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FAQ's for ProShares UltraPro Short Dow30 (SDOW)
As of September 2026, ProShares UltraPro Short Dow30 SDOW 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 UltraPro Short Dow30 using these criteria to determine its compliance status.
The Shariah compliance status of ProShares UltraPro Short Dow30 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 UltraPro Short Dow30 on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.