Is ProShares Ultra Nasdaq Cybersecurity ETF halal to invest in?

As of September 2026, ProShares Ultra Nasdaq Cybersecurity ETF UCYB 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 Ultra Nasdaq Cybersecurity ETF 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 Ultra Nasdaq Cybersecurity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for ProShares Ultra Nasdaq Cybersecurity ETF updated?

The Shariah compliance status of ProShares Ultra Nasdaq Cybersecurity ETF 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 Ultra Nasdaq Cybersecurity ETF 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 Ultra Nasdaq Cybersecurity ETF?

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

ProShares Ultra Nasdaq Cybersecurity ETF UCYB

UCYB Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ProShares Ultra Nasdaq Cybersecurity ETF is classified as not halal.

NOT HALAL

Is ProShares Ultra Nasdaq Cybersecurity ETF Halal?

Shariah Compliance Analysis of UCYB ETF

US Equity Theme

No. As of September 2026, ProShares Ultra Nasdaq Cybersecurity ETF (UCYB) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ProShares Ultra Nasdaq Cybersecurity ETF does not pass Musaffa's business and financial screening criteria.

UCYB was created on 2021-01-19 by ProShares. The fund's investment portfolio concentrates primarily on theme equity. UCYB provides daily 2x leveraged exposure to a liquidity-weighted index that targets companies engaged in the global cybersecurity industry.

ProShares Ultra Nasdaq Cybersecurity ETF (UCYB) Chart

Key Statistics of ProShares Ultra Nasdaq Cybersecurity ETF (UCYB)

Today's Open

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Avg. Volume

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FAQ's for ProShares Ultra Nasdaq Cybersecurity ETF (UCYB)

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