Is ProShares Ultra Industrials halal to invest in?

As of September 2026, ProShares Ultra Industrials UXI 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 Industrials 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 Industrials using these criteria to determine its compliance status.

How often is the Shariah compliance for ProShares Ultra Industrials updated?

The Shariah compliance status of ProShares Ultra Industrials 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 Industrials 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 Industrials?

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

ProShares Ultra Industrials UXI

UXI Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is ProShares Ultra Industrials ETF Halal?

Shariah Compliance Analysis of UXI ETF

US Equity Industrials

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

UXI was created on 2007-01-30 by ProShares. The fund's investment portfolio concentrates primarily on industrials equity. UXI provides 2x leveraged exposure to a market cap-weighted index of S&P 500 industrial stocks.

ProShares Ultra Industrials (UXI) Chart

Key Statistics of ProShares Ultra Industrials (UXI)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
76.21%
Industrials
23.79%
Health Care
0.00%

FAQ's for ProShares Ultra Industrials (UXI)

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