Is ProShares Ultra High Yield halal to invest in?

As of September 2026, ProShares Ultra High Yield UJB 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 High Yield 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 High Yield using these criteria to determine its compliance status.

How often is the Shariah compliance for ProShares Ultra High Yield updated?

The Shariah compliance status of ProShares Ultra High Yield 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 High Yield 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 High Yield?

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

ProShares Ultra High Yield UJB

UJB Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ProShares Ultra High Yield is classified as not halal.

NOT HALAL

Is ProShares Ultra High Yield ETF Halal?

Shariah Compliance Analysis of UJB ETF

US Fixed Income High Yield

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

UJB was created on 2011-04-13 by ProShares. The fund's investment portfolio concentrates primarily on high yield fixed income. UJB provides 2x exposure to a market-value-weighted index of USD-denominated high-yield corporate bonds with remaining maturities between 3 and 15 years.

ProShares Ultra High Yield (UJB) Chart

Key Statistics of ProShares Ultra High Yield (UJB)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for ProShares Ultra High Yield (UJB)

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