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Direxion Daily Crypto Industry Bull 2X Shares LMBO

Is Direxion Daily Crypto Industry Bull 2X Shares ETF Halal?

Shariah Compliance Analysis of LMBO ETF

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

LMBO was created on 2024-07-17 by Direxion. The fund's investment portfolio concentrates primarily on theme equity. LMBO tracks 2x the daily price movements of a market cap-weighted index of US companies involved in blockchain technology, NFT, decentralized finance, and digital asset mining hardware.

LMBO Shariah Compliance

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

NOT HALAL

Direxion Daily Crypto Industry Bull 2X Shares (LMBO) Chart

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