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TrueShares Structured Outcome September ETF SEPZ

Is TrueShares Structured Outcome September ETF Halal?

Shariah Compliance Analysis of SEPZ ETF

No. As of October 2026, TrueShares Structured Outcome September ETF (SEPZ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SEPZ was created on 2020-08-31 by TrueShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 111.45m in AUM and 4 holdings. SEPZ aims for specific buffered losses on the S&P 500 over a specific holdings period with uncapped gains, subject to strategy costs. The actively managed fund holds options and collateral.

SEPZ Shariah Compliance

As of October 2026, TrueShares Structured Outcome September ETF is classified as not halal.

NOT HALAL

TrueShares Structured Outcome September ETF (SEPZ) Chart

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