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ProShares UltraShort Industrials SIJ

Is ProShares UltraShort Industrials ETF Halal?

Shariah Compliance Analysis of SIJ ETF

No. As of October 2026, ProShares UltraShort Industrials (SIJ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SIJ was created on 2007-01-30 by ProShares. The fund's investment portfolio concentrates primarily on industrials equity. SIJ provides 2x inverse daily exposure to a market cap-weighted index of S&P 500 industrial stocks.

SIJ Shariah Compliance

As of October 2026, ProShares UltraShort Industrials is classified as not halal.

NOT HALAL

ProShares UltraShort Industrials (SIJ) Chart

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