The Leverage Shares 2x Long BMNR Daily ETF (BMNG) is a leveraged financial product in the Asset Management industry, designed to provide 2x daily exposure to BMNR stock. This report evaluates its Shariah compliance across financial ratios, business activities, index inclusions, and multi-perspective authorities. Due to its reliance on derivatives and potential interest-bearing mechanisms, BMNG fails qualitative business screens under major Shariah standards. Financial data is limited for ETFs, resulting in insufficient ratio calculations, but the core structure introduces riba and gharar. Overall, it is deemed non-compliant for Shariah investors.