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Defiance Daily Target 2X Short SMCI ETF SMCZ

Is Defiance Daily Target 2X Short SMCI ETF Halal?

Shariah Compliance Analysis of SMCZ ETF

No. As of October 2026, Defiance Daily Target 2X Short SMCI ETF (SMCZ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SMCZ was created on 2025-03-31 by Defiance. The fund's investment portfolio concentrates primarily on information technology equity. SMCZ seeks to provide 200% inverse exposure to the daily share price movement of Super Micro Computer (SMCI), less fees and expenses. The fund uses swaps to provide exposure.

SMCZ Shariah Compliance

As of October 2026, Defiance Daily Target 2X Short SMCI ETF is classified as not halal.

NOT HALAL

Defiance Daily Target 2X Short SMCI ETF (SMCZ) Chart

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