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Defiance Daily Target 2x Long PM ETF ZYN

Is Defiance Daily Target 2x Long PM ETF Halal?

Shariah Compliance Analysis of ZYN ETF

No. As of October 2026, Defiance Daily Target 2x Long PM ETF (ZYN) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

ZYN was created on 2025-09-03 by Defiance. The fund's investment portfolio concentrates primarily on consumer staples equity. ZYN seeks to deliver 2x leveraged exposure to the daily share price movement of Philip Morris International Inc. (NYSE: PM), less fees and expenses, through derivatives like swap agreements.

ZYN Shariah Compliance

As of October 2026, Defiance Daily Target 2x Long PM ETF is classified as not halal.

NOT HALAL

Defiance Daily Target 2x Long PM ETF (ZYN) Chart

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