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Tradr 2X Long SPY Quarterly ETF SPYQ

Is Tradr 2X Long SPY Quarterly ETF Halal?

Shariah Compliance Analysis of SPYQ ETF

No. As of October 2026, Tradr 2X Long SPY Quarterly ETF (SPYQ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SPYQ was created on 2024-09-30 by Tradr. The fund's investment portfolio concentrates primarily on large cap equity. SPYQ is actively managed, aiming to provide 2x exposure to the SPDR S&P 500 ETFs (ticker: SPY-US) quarterly price returns through swap agreements with major global financial institutions.

SPYQ Shariah Compliance

As of October 2026, Tradr 2X Long SPY Quarterly ETF is classified as not halal.

NOT HALAL

Tradr 2X Long SPY Quarterly ETF (SPYQ) Chart

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