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Direxion Daily Energy Bull 2x Shares ERX

Is Direxion Daily Energy Bull 2x Shares ETF Halal?

Shariah Compliance Analysis of ERX ETF

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

ERX was created on 2008-11-06 by Direxion. The fund's investment portfolio concentrates primarily on energy equity. ERX provides 2x leveraged exposure to a market-cap-weighted index of US large-cap companies in the energy industry.

ERX Shariah Compliance

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

NOT HALAL

Direxion Daily Energy Bull 2x Shares (ERX) Chart

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