Is Leverage Shares -3x Short Siemens (SIE) ETP halal to invest in?

As of September 2026, Leverage Shares -3x Short Siemens (SIE) ETP SIES.L 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.

Is Leverage Shares -3x Short Siemens (SIE) ETP a Shariah-compliant ETF?

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 Leverage Shares -3x Short Siemens (SIE) ETP using these criteria to determine its compliance status.

How often is the Shariah compliance for Leverage Shares -3x Short Siemens (SIE) ETP updated?

The Shariah compliance status of Leverage Shares -3x Short Siemens (SIE) ETP may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Leverage Shares -3x Short Siemens (SIE) ETP become non-compliant?

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.

Where can I check the Shariah status of Leverage Shares -3x Short Siemens (SIE) ETP?

You can check the latest Shariah compliance status of Leverage Shares -3x Short Siemens (SIE) ETP on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Leverage Shares -3x Short Siemens (SIE) ETP SIES.L

SIES.L Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Leverage Shares -3x Short Siemens (SIE) ETP is classified as not halal.

NOT HALAL

Is Leverage Shares -3x Short Siemens (SIE) ETP ETF Halal?

Shariah Compliance Analysis of SIES.L ETF

GB Equity Industrials

No. As of September 2026, Leverage Shares -3x Short Siemens (SIE) ETP (SIES.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Leverage Shares -3x Short Siemens (SIE) ETP does not pass Musaffa's business and financial screening criteria.

SIES.L was created on 2022-06-09 by Leverage Shares. The fund's investment portfolio concentrates primarily on industrials equity. Leverage Shares -3x Short Siemens (SIE) ETP Securities seeks to track the iSTOXX 3x Inverse Leveraged SIE Index, which is designed to provide -3x the daily return of SIEMENS AG stock, adjusted to reflect the fees and inherent costs and revenues of shorting. It holds the short positions in the underlying SIEMENS AG stock and resulting cash balances

Leverage Shares -3x Short Siemens (SIE) ETP (SIES.L) Chart

Key Statistics of Leverage Shares -3x Short Siemens (SIE) ETP (SIES.L)

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FAQ's for Leverage Shares -3x Short Siemens (SIE) ETP (SIES.L)

As of September 2026, Leverage Shares -3x Short Siemens (SIE) ETP SIES.L 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 Leverage Shares -3x Short Siemens (SIE) ETP using these criteria to determine its compliance status.
The Shariah compliance status of Leverage Shares -3x Short Siemens (SIE) ETP 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 Leverage Shares -3x Short Siemens (SIE) ETP on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.