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Direxion Daily AVGO Bull 2X Shares AVL

Is Direxion Daily AVGO Bull 2X Shares ETF Halal?

Shariah Compliance Analysis of AVL ETF

No. As of October 2026, Direxion Daily AVGO Bull 2X Shares (AVL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

AVL was created on 2024-10-10 by Direxion. The fund's investment portfolio concentrates primarily on information technology equity. AVL provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Broadcom Inc. stock.

AVL Shariah Compliance

As of October 2026, Direxion Daily AVGO Bull 2X Shares is classified as not halal.

NOT HALAL

Direxion Daily AVGO Bull 2X Shares (AVL) Chart

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