AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: ETHT
Report Date: 2026-06-05
Full Report: https://amaly.io/stock/ETHT

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: B
Description: The ProShares Ultra Ether ETF (ETHT) seeks to provide 2x leveraged daily returns on Ether price through financial derivatives, raising significant Shariah compliance concerns due to elements of speculation (maysir) and uncertainty (gharar). Financial ratios indicate no debt or impermissible income based on available data, but the core business activity disqualifies it under major standards. Index exclusion across all major Shariah benchmarks confirms non-compliance, though the ETF's structure avoids traditional riba. Purification is not required due to zero non-compliant income, but investors should avoid due to qualitative issues. Overall, this report recommends non-investment for Shariah-conscious portfolios.

Primary Compliance Concerns:
- Core business activity involves leveraged derivatives, introducing gharar and maysir
- Insufficient traditional financial data for ETF structure, but speculative nature disqualifies
- Exclusion from all major Shariah indices due to cryptocurrency leverage

Purification Requirement: 0.00%
Index Inclusion: Not included in any major Shariah-compliant indices

KEY FINANCIAL METRICS
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Debt Ratio: 0.0%
Liquidity Ratio: 0.0%
Interest Income Ratio: 0.0%
Purification Required: 0.00%

INDEX INCLUSION STATUS
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S&P Shariah: EXCLUDED
MSCI Islamic: EXCLUDED
DJIM: EXCLUDED
FTSE Shariah: EXCLUDED
Total: 0 of 4
Last Verified: 2026-01-31

REPORTING PERIOD
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Latest Annual Report: FY 2025
Latest Quarterly Data: Q4 2025
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-02-28T12:00:00Z

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Full interactive report: https://amaly.io/stock/ETHT
Provided by Amaly (https://amaly.io) — Shariah Compliant Stock Screener
Disclaimer: This data is for informational purposes only and does not constitute financial or religious advice.