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T-REX 2X Long SMR Daily Target ETF SMUP

Is T-REX 2X Long SMR Daily Target ETF Halal?

Shariah Compliance Analysis of SMUP ETF

No. As of October 2026, T-REX 2X Long SMR Daily Target ETF (SMUP) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SMUP was created on 2025-07-25 by T-Rex. The fund's investment portfolio concentrates primarily on industrials equity. SMUP aims to provide 2x leveraged exposure to the daily price movement of NuScale Power Corporation stock (NYSE: SMR), less fees and expenses.

SMUP Shariah Compliance

As of October 2026, T-REX 2X Long SMR Daily Target ETF is classified as not halal.

NOT HALAL

T-REX 2X Long SMR Daily Target ETF (SMUP) Chart

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