Is Defiance Daily Target 2X Long VST ETF halal to invest in?

As of September 2026, Defiance Daily Target 2X Long VST ETF VSTL 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 Defiance Daily Target 2X Long VST 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 Defiance Daily Target 2X Long VST ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Defiance Daily Target 2X Long VST ETF updated?

The Shariah compliance status of Defiance Daily Target 2X Long VST 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 Defiance Daily Target 2X Long VST 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 Defiance Daily Target 2X Long VST ETF?

You can check the latest Shariah compliance status of Defiance Daily Target 2X Long VST ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Defiance Daily Target 2X Long VST ETF VSTL

VSTL Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Defiance Daily Target 2X Long VST ETF is classified as not halal.

NOT HALAL

Is Defiance Daily Target 2X Long VST ETF Halal?

Shariah Compliance Analysis of VSTL ETF

US Equity Utilities

No. As of September 2026, Defiance Daily Target 2X Long VST ETF (VSTL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Defiance Daily Target 2X Long VST ETF does not pass Musaffa's business and financial screening criteria.

VSTL was created on 2025-07-21 by Defiance. The fund's investment portfolio concentrates primarily on utilities equity. VSTL seeks to deliver 2x leveraged exposure to the daily share price movement of Vistra Corp. (VST), less fees and expenses, through derivatives like swap agreements.

Defiance Daily Target 2X Long VST ETF (VSTL) Chart

Key Statistics of Defiance Daily Target 2X Long VST ETF (VSTL)

Today's Open

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FAQ's for Defiance Daily Target 2X Long VST ETF (VSTL)

As of September 2026, Defiance Daily Target 2X Long VST ETF VSTL 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 Defiance Daily Target 2X Long VST ETF using these criteria to determine its compliance status.
The Shariah compliance status of Defiance Daily Target 2X Long VST 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 Defiance Daily Target 2X Long VST ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.