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BetaPro -3x Nasdaq-100 Daily Leveraged Bear Alternative ETF SQQQ.TO

Is BetaPro -3x Nasdaq-100 Daily Leveraged Bear Alternative ETF Halal?

Shariah Compliance Analysis of SQQQ.TO ETF

No. As of October 2026, BetaPro -3x Nasdaq-100 Daily Leveraged Bear Alternative ETF (SQQQ.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SQQQ.TO was created on 2025-06-16 by BetaPro. The fund's investment portfolio concentrates primarily on large cap equity. The fund provides 3x daily inverse exposure to a modified market cap-weighted index of 100 large non-financial companies listed on Nasdaq.

SQQQ.TO Shariah Compliance

As of October 2026, BetaPro -3x Nasdaq-100 Daily Leveraged Bear Alternative ETF is classified as not halal.

NOT HALAL

BetaPro -3x Nasdaq-100 Daily Leveraged Bear Alternative ETF (SQQQ.TO) Chart

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