Is ProShares Metaverse ETF halal to invest in?

As of September 2026, ProShares Metaverse ETF VERS 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 Metaverse 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 Metaverse ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for ProShares Metaverse ETF updated?

The Shariah compliance status of ProShares Metaverse 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 Metaverse 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 Metaverse ETF?

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

ProShares Metaverse ETF VERS

VERS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, ProShares Metaverse ETF is classified as not halal.

NOT HALAL

Is ProShares Metaverse ETF Halal?

Shariah Compliance Analysis of VERS ETF

US Equity Theme

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

VERS was created on 2022-03-15 by ProShares. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 6.21m in AUM and 41 holdings. VERS tracks a concentrated index of stocks, spanning a broad range of industries globally, that are positioned to benefit from the development and use of the Metaverse. Stocks are selected based on the amount of exposure to the related theme and weighted based on a modified equal weight strategy.

ProShares Metaverse ETF (VERS) Chart

Key Statistics of ProShares Metaverse ETF (VERS)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
59.97%
Communication Services
24.43%
Consumer Discretionary
6.16%
Other
4.01%
Real Estate
3.82%
Health Care
1.61%

FAQ's for ProShares Metaverse ETF (VERS)

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