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Leverage Shares -5x Short S&P 500 ETP SPYS.L

Is Leverage Shares -5x Short S&P 500 ETP ETF Halal?

Shariah Compliance Analysis of SPYS.L ETF

No. As of October 2026, Leverage Shares -5x Short S&P 500 ETP (SPYS.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SPYS.L was created on 2021-12-14 by Leverage Shares. The fund's investment portfolio concentrates primarily on large cap equity. The objective of the ETP Securities is to provide -5 times the value of the daily performance of the S&P 500 Index, net of fees and expenses.

SPYS.L Shariah Compliance

As of October 2026, Leverage Shares -5x Short S&P 500 ETP is classified as not halal.

NOT HALAL

Leverage Shares -5x Short S&P 500 ETP (SPYS.L) Chart

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