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Leverage Shares -3x Short Oil & Gas ETP XLGS.L

Is Leverage Shares -3x Short Oil & Gas ETP ETF Halal?

Shariah Compliance Analysis of XLGS.L ETF

No. As of October 2026, Leverage Shares -3x Short Oil & Gas ETP (XLGS.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

XLGS.L was created on 2021-12-14 by Leverage Shares. The fund's investment portfolio concentrates primarily on energy equity. The objective of the ETP Securities is to provide -3 times the value of the daily performance of the Energy Select Sector SPDR Fund Exchange Traded Fund, net of fees and expenses.

XLGS.L Shariah Compliance

As of October 2026, Leverage Shares -3x Short Oil & Gas ETP is classified as not halal.

NOT HALAL

Leverage Shares -3x Short Oil & Gas ETP (XLGS.L) Chart

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