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Leverage Shares 3x Shopify ETP SHO3.L

Is Leverage Shares 3x Shopify ETP ETF Halal?

Shariah Compliance Analysis of SHO3.L ETF

No. As of October 2026, Leverage Shares 3x Shopify ETP (SHO3.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SHO3.L was created on 2021-03-17 by Leverage Shares. The fund's investment portfolio concentrates primarily on consumer discretionary equity. The objective of the ETP Securities is to provide 3 times the value of the daily performance of the Shopify Inc. equity security, net of fees and expenses. The ETP securities seek to track the iSTOXX Leveraged 3x SHOP Index which provides exposure to 3 times the daily performance of the Shopify Inc. equity security.

SHO3.L Shariah Compliance

As of October 2026, Leverage Shares 3x Shopify ETP is classified as not halal.

NOT HALAL

Leverage Shares 3x Shopify ETP (SHO3.L) Chart

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