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ProShares UltraShort Russell2000 TWM

Is ProShares UltraShort Russell2000 ETF Halal?

Shariah Compliance Analysis of TWM ETF

No. As of October 2026, ProShares UltraShort Russell2000 (TWM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

TWM was created on 2007-01-23 by ProShares. The fund's investment portfolio concentrates primarily on small cap equity. TWM provides 2x inverse exposure to a market-cap-weighted index of US small-cap companies.

TWM Shariah Compliance

As of October 2026, ProShares UltraShort Russell2000 is classified as not halal.

NOT HALAL

ProShares UltraShort Russell2000 (TWM) Chart

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