Is Leverage Shares -5x Short Nasdaq 100 ETP halal to invest in?

As of September 2026, Leverage Shares -5x Short Nasdaq 100 ETP SQQQ.L is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Leverage Shares -5x Short Nasdaq 100 ETP a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Leverage Shares -5x Short Nasdaq 100 ETP using these criteria to determine its compliance status.

How often is the Shariah compliance for Leverage Shares -5x Short Nasdaq 100 ETP updated?

The Shariah compliance status of Leverage Shares -5x Short Nasdaq 100 ETP may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Leverage Shares -5x Short Nasdaq 100 ETP become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of Leverage Shares -5x Short Nasdaq 100 ETP?

You can check the latest Shariah compliance status of Leverage Shares -5x Short Nasdaq 100 ETP on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Leverage Shares -5x Short Nasdaq 100 ETP SQQQ.L

SQQQ.L Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Leverage Shares -5x Short Nasdaq 100 ETP is classified as not halal.

NOT HALAL

Is Leverage Shares -5x Short Nasdaq 100 ETP ETF Halal?

Shariah Compliance Analysis of SQQQ.L ETF

GB Equity Large Cap

No. As of September 2026, Leverage Shares -5x Short Nasdaq 100 ETP (SQQQ.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Leverage Shares -5x Short Nasdaq 100 ETP does not pass Musaffa's business and financial screening criteria.

SQQQ.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 Nasdaq 100 Index, net of fees and expenses.

Leverage Shares -5x Short Nasdaq 100 ETP (SQQQ.L) Chart

Key Statistics of Leverage Shares -5x Short Nasdaq 100 ETP (SQQQ.L)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for Leverage Shares -5x Short Nasdaq 100 ETP (SQQQ.L)

As of September 2026, Leverage Shares -5x Short Nasdaq 100 ETP SQQQ.L is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Leverage Shares -5x Short Nasdaq 100 ETP using these criteria to determine its compliance status.
The Shariah compliance status of Leverage Shares -5x Short Nasdaq 100 ETP may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of Leverage Shares -5x Short Nasdaq 100 ETP on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.