Is ProShares Short High Yield halal to invest in?

As of September 2026, ProShares Short High Yield SJB 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 ProShares Short High Yield 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 ProShares Short High Yield using these criteria to determine its compliance status.

How often is the Shariah compliance for ProShares Short High Yield updated?

The Shariah compliance status of ProShares Short High Yield may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like ProShares Short High Yield 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 ProShares Short High Yield?

You can check the latest Shariah compliance status of ProShares Short High Yield on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

ProShares Short High Yield SJB

SJB Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ProShares Short High Yield is classified as not halal.

NOT HALAL

Is ProShares Short High Yield ETF Halal?

Shariah Compliance Analysis of SJB ETF

US Fixed Income High Yield

No. As of September 2026, ProShares Short High Yield (SJB) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ProShares Short High Yield does not pass Musaffa's business and financial screening criteria.

SJB was created on 2011-03-21 by ProShares. The fund's investment portfolio concentrates primarily on high yield fixed income. SJB provides inverse exposure, reset daily, to a modified market-value-weighted index comprising US-dollar-denominated corporate high-yield bonds with maturities between 3 and 15 years.

ProShares Short High Yield (SJB) Chart

Key Statistics of ProShares Short High Yield (SJB)

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FAQ's for ProShares Short High Yield (SJB)

As of September 2026, ProShares Short High Yield SJB 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 ProShares Short High Yield using these criteria to determine its compliance status.
The Shariah compliance status of ProShares Short High Yield 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 ProShares Short High Yield on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.