Is Direxion Daily CSCO Bear 1X ETF halal to invest in?

As of September 2026, Direxion Daily CSCO Bear 1X ETF CSCS is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Direxion Daily CSCO Bear 1X ETF a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Direxion Daily CSCO Bear 1X ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Direxion Daily CSCO Bear 1X ETF updated?

The Shariah compliance status of Direxion Daily CSCO Bear 1X ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Direxion Daily CSCO Bear 1X ETF become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of Direxion Daily CSCO Bear 1X ETF?

You can check the latest Shariah compliance status of Direxion Daily CSCO Bear 1X ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Direxion Daily CSCO Bear 1X ETF CSCS

CSCS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Direxion Daily CSCO Bear 1X ETF is classified as not halal.

NOT HALAL

Is Direxion Daily CSCO Bear 1X ETF Halal?

Shariah Compliance Analysis of CSCS ETF

US Equity Information Technology

No. As of September 2026, Direxion Daily CSCO Bear 1X ETF (CSCS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Direxion Daily CSCO Bear 1X ETF does not pass Musaffa's business and financial screening criteria.

CSCS was created on 2025-06-25 by Direxion. The fund's investment portfolio concentrates primarily on information technology equity. The Fund seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the daily performance of CSCO. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day.

Direxion Daily CSCO Bear 1X ETF (CSCS) Chart

Key Statistics of Direxion Daily CSCO Bear 1X ETF (CSCS)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for Direxion Daily CSCO Bear 1X ETF (CSCS)

As of September 2026, Direxion Daily CSCO Bear 1X ETF CSCS is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Direxion Daily CSCO Bear 1X ETF using these criteria to determine its compliance status.
The Shariah compliance status of Direxion Daily CSCO Bear 1X ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of Direxion Daily CSCO Bear 1X ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.