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Direxion Daily Cloud Computing Bear 2x Shares CLDS

Is Direxion Daily Cloud Computing Bear 2x Shares ETF Halal?

Shariah Compliance Analysis of CLDS ETF

No. As of October 2026, Direxion Daily Cloud Computing Bear 2x Shares (CLDS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

CLDS was created on 2021-01-08 by Direxion. The fund's investment portfolio concentrates primarily on information technology equity. CLDS provides -200% leveraged daily exposure to a market-cap-weighted US equity index of companies involved in the cloud computing industry.

CLDS Shariah Compliance

As of October 2026, Direxion Daily Cloud Computing Bear 2x Shares is classified as not halal.

NOT HALAL

Direxion Daily Cloud Computing Bear 2x Shares (CLDS) Chart

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