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

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

Shariah Compliance Analysis of SIES.L ETF

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

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

SIES.L Shariah Compliance

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

NOT HALAL

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

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