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Defiance Daily Target 2X Long SOUN ETF SOUX

Is Defiance Daily Target 2X Long SOUN ETF Halal?

Shariah Compliance Analysis of SOUX ETF

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

SOUX was created on 2025-06-23 by Defiance. The fund's investment portfolio concentrates primarily on information technology equity. SOUX seeks to deliver 2x leveraged exposure to the daily share price movement of SoundHound AI, Inc Class A (NASDAQ: SOUN), less fees and expenses, through derivatives such as swap agreements.

SOUX Shariah Compliance

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

NOT HALAL

Defiance Daily Target 2X Long SOUN ETF (SOUX) Chart

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