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ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B SMHB

Is ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B ETF Halal?

Shariah Compliance Analysis of SMHB ETF

No. As of October 2026, ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SMHB was created on 2018-11-08 by ETRACS. The fund's investment portfolio concentrates primarily on small cap equity. SMHB tracks twice the monthly returns of a dividends-selected, liquidity-weighted index of US small-cap equities.

SMHB Shariah Compliance

As of October 2026, ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B is classified as not halal.

NOT HALAL

ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) Chart

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