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Purpose Shopify (SHOP) Yield Shares ETF SHPY.NE

Is Purpose Shopify (SHOP) Yield Shares ETF Halal?

Shariah Compliance Analysis of SHPY.NE ETF

No. As of October 2026, Purpose Shopify (SHOP) Yield Shares ETF (SHPY.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SHPY.NE was created on 2025-08-21 by Purpose. The fund's investment portfolio concentrates primarily on information technology equity. The fund seeks capital appreciation by investing in Shopify Inc. (TXS: SHOP) stocks and distributions through covered call and/or put options.

SHPY.NE Shariah Compliance

As of October 2026, Purpose Shopify (SHOP) Yield Shares ETF is classified as not halal.

NOT HALAL

Purpose Shopify (SHOP) Yield Shares ETF (SHPY.NE) Chart

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