UUP: Is Invesco DB US Dollar Index Bullish Fund Halal?
Invesco DB US Dollar Index Bullish Fund
$29.02
Market Cap: 410.7M
Get an email if UUP's halal status changes
We re-screen Invesco DB US Dollar Index Bullish Fund daily. If the verdict moves, you hear about it the same day.
Free. One click sets it up, and you can unsubscribe any time.
About Invesco DB US Dollar Index Bullish Fund
The Invesco DB US Dollar Index Bullish Fund (UUP) aims to replicate the performance, whether positive or negative, of the Deutsche Bank Long USD Currency Portfolio Index - Excess Return (DB Long USD Currency Portfolio Index ER or Index). This objective is achieved by incorporating income generated from the Fund's primary holdings in U.S. Treasury securities and money market instruments, while accounting for its operational expenses. This Fund offers a straightforward and cost-effective method for investors to monitor the U.S. dollar's value relative to a group of six major global currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc. The underlying Index is a rules-based construct, comprised exclusively of long U.S. Dollar Index futures contracts traded on the ICE futures exchange. These USDX futures contracts are specifically engineered to reflect the performance of a long position in the U.S. dollar against the aforementioned basket of currencies. However, given the speculative nature of its trading activities within highly volatile markets, this Fund may not be appropriate for all investors. The inherent volatility of futures contracts means that frequent and significant fluctuations in market prices could result in substantial financial losses. For further details on risks, please refer to the "Risk and Other Information" section and the complete Prospectus. For qualified notices concerning IRS Section 1446(f) Rule for Publicly Traded Partnerships (PTPs), and the Form 1065 Schedule K-3 FAQ for Invesco DB Funds (under the Securities Act of 1933), please visit our dedicated ETF tax center.
Sector: Financial Services · Industry: Asset Management
Shariah Compliance Status
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why UUP is rated Under Review with institutional-grade analysis
Basket Composition
0% of basket screenedETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
Compliance History
Under Review, unchanged since Sep 2026.
No status changes recorded since we began tracking.
Tracked since Sep 2026. Updates automatically on each re-screen.
Purify Your UUP Dividends
Calculate your purification amount for UUP dividends based on AAOIFI standards.
More Financial Services Stocks
Know the day UUP's verdict changes
A free account keeps watch on 3 stocks and emails you when a verdict moves. You also get 3 questions for the AI Scholar. No card needed.
Frequently Asked Questions
Is Invesco DB US Dollar Index Bullish Fund (UUP) halal to invest in?
Why did Invesco DB US Dollar Index Bullish Fund get a C+ compliance rating?
What could change Invesco DB US Dollar Index Bullish Fund's Shariah verdict?
How often is Invesco DB US Dollar Index Bullish Fund re-screened for Shariah compliance?
Screened by holdings look-through under AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.
Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. A fund is evaluated by screening its holdings under AAOIFI financial standards and weighing the result, using publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.