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MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF SOXU.TO

Is MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF Halal?

Shariah Compliance Analysis of SOXU.TO ETF

No. As of October 2026, MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (SOXU.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SOXU.TO was created on 2025-05-22 by LongPoint. The fund's investment portfolio concentrates primarily on information technology equity. SOXU.TO aims to provide 3x leveraged daily exposure to a market cap-weighted index of 30 US semiconductor companies. The fund does not hedge the USD currency exposure.

SOXU.TO Shariah Compliance

As of October 2026, MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF is classified as not halal.

NOT HALAL

MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (SOXU.TO) Chart

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