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

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

Shariah Compliance Analysis of SQQQ.L ETF

No. As of October 2026, Leverage Shares -5x Short Nasdaq 100 ETP (SQQQ.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

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.

SQQQ.L Shariah Compliance

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

NOT HALAL

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

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