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Direxion Daily S&P 500 High Beta Bull 3X Shares HIBL

Is Direxion Daily S&P 500 High Beta Bull 3X Shares ETF Halal?

Shariah Compliance Analysis of HIBL ETF

No. As of October 2026, Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

HIBL was created on 2019-11-07 by Direxion. The fund's investment portfolio concentrates primarily on large cap equity. HIBL provides 3x daily leveraged exposure to a beta-weighted index of 100 highest-beta stocks in the S&P 500.

HIBL Shariah Compliance

As of October 2026, Direxion Daily S&P 500 High Beta Bull 3X Shares is classified as not halal.

NOT HALAL

Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) Chart

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