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T-REX 2X Long GLXY Daily Target ETF GLXU.L

Is T-REX 2X Long GLXY Daily Target ETF Halal?

Shariah Compliance Analysis of GLXU.L ETF

No. As of October 2026, T-REX 2X Long GLXY Daily Target ETF (GLXU.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

GLXU.L was created on 2025-08-08 by T-Rex. The fund's investment portfolio concentrates primarily on financials equity. GLXU.L seeks to deliver 2x leveraged exposure to the daily share price movement of Galaxy Digital Inc. Class A (NASDAQ: GLXY), less fees and expenses, through derivatives such as swap agreements.

GLXU.L Shariah Compliance

As of October 2026, T-REX 2X Long GLXY Daily Target ETF is classified as not halal.

NOT HALAL

T-REX 2X Long GLXY Daily Target ETF (GLXU.L) Chart

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