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Direxion Daily MSCI India Bull 2X Shares INDL

Is Direxion Daily MSCI India Bull 2X Shares ETF Halal?

Shariah Compliance Analysis of INDL ETF

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

INDL was created on 2010-03-11 by Direxion. The fund's investment portfolio concentrates primarily on total market equity. INDL provides daily 2x exposure to an index designed to track the performance of the Indian equity market.

INDL Shariah Compliance

As of October 2026, Direxion Daily MSCI India Bull 2X Shares is classified as not halal.

NOT HALAL

Direxion Daily MSCI India Bull 2X Shares (INDL) Chart

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