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ProShares UltraPro S&P500 UPRO

Is ProShares UltraPro S&P500 ETF Halal?

Shariah Compliance Analysis of UPRO ETF

No. As of October 2026, ProShares UltraPro S&P500 (UPRO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

UPRO was created on 2009-06-25 by ProShares. The fund's investment portfolio concentrates primarily on large cap equity. UPRO provides 3x leveraged daily exposure to a market cap-weighted index of large-cap and mid-cap US companies selected by the S&P Committee.

UPRO Shariah Compliance

As of October 2026, ProShares UltraPro S&P500 is classified as not halal.

NOT HALAL

ProShares UltraPro S&P500 (UPRO) Chart

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