Is ProShares UltraShort Consumer Staples halal to invest in?

As of September 2026, ProShares UltraShort Consumer Staples SZK 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 ProShares UltraShort Consumer Staples 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 ProShares UltraShort Consumer Staples using these criteria to determine its compliance status.

How often is the Shariah compliance for ProShares UltraShort Consumer Staples updated?

The Shariah compliance status of ProShares UltraShort Consumer Staples may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like ProShares UltraShort Consumer Staples 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 ProShares UltraShort Consumer Staples?

You can check the latest Shariah compliance status of ProShares UltraShort Consumer Staples on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

ProShares UltraShort Consumer Staples SZK

SZK Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ProShares UltraShort Consumer Staples is classified as not halal.

NOT HALAL

Is ProShares UltraShort Consumer Staples ETF Halal?

Shariah Compliance Analysis of SZK ETF

US Equity Consumer Staples

No. As of September 2026, ProShares UltraShort Consumer Staples (SZK) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ProShares UltraShort Consumer Staples does not pass Musaffa's business and financial screening criteria.

SZK was created on 2007-01-30 by ProShares. The fund's investment portfolio concentrates primarily on consumer staples equity. SZK provides -2x exposure to a market cap-weighted index of consumer staples stocks drawn from the S&P 500.

ProShares UltraShort Consumer Staples (SZK) Chart

Key Statistics of ProShares UltraShort Consumer Staples (SZK)

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FAQ's for ProShares UltraShort Consumer Staples (SZK)

As of September 2026, ProShares UltraShort Consumer Staples SZK 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 ProShares UltraShort Consumer Staples using these criteria to determine its compliance status.
The Shariah compliance status of ProShares UltraShort Consumer Staples 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 ProShares UltraShort Consumer Staples on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.