Musaffa Logo
Direxion Daily MSCI Emerging Markets Bull 3x Shares EDC

Is Direxion Daily MSCI Emerging Markets Bull 3x Shares ETF Halal?

Shariah Compliance Analysis of EDC ETF

No. As of October 2026, Direxion Daily MSCI Emerging Markets Bull 3x Shares (EDC) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

EDC was created on 2008-12-17 by Direxion. The fund's investment portfolio concentrates primarily on total market equity. EDC provides 3x leveraged exposure to a market-cap-weighted index of companies operating in emerging markets.

EDC Shariah Compliance

As of October 2026, Direxion Daily MSCI Emerging Markets Bull 3x Shares is classified as not halal.

NOT HALAL

Direxion Daily MSCI Emerging Markets Bull 3x Shares (EDC) Chart

Fetching Price Chart...