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Direxion Daily GOOGL Bear 1X Shares ETF GGLS

Is Direxion Daily GOOGL Bear 1X Shares ETF Halal?

Shariah Compliance Analysis of GGLS ETF

No. As of October 2026, Direxion Daily GOOGL Bear 1X Shares ETF (GGLS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

GGLS was created on 2022-09-07 by Direxion. The fund's investment portfolio concentrates primarily on communication services equity. GGLS provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Google stock.

GGLS Shariah Compliance

As of October 2026, Direxion Daily GOOGL Bear 1X Shares ETF is classified as not halal.

NOT HALAL

Direxion Daily GOOGL Bear 1X Shares ETF (GGLS) Chart

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