Is Direxion Low Priced Stock ETF halal to invest in?

As of September 2026, Direxion Low Priced Stock ETF LOPX is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Direxion Low Priced Stock ETF a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Direxion Low Priced Stock ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Direxion Low Priced Stock ETF updated?

The Shariah compliance status of Direxion Low Priced Stock ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Direxion Low Priced Stock ETF become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of Direxion Low Priced Stock ETF?

You can check the latest Shariah compliance status of Direxion Low Priced Stock ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Direxion Low Priced Stock ETF LOPX

LOPX Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Direxion Low Priced Stock ETF is classified as not halal.

NOT HALAL

Is Direxion Low Priced Stock ETF Halal?

Shariah Compliance Analysis of LOPX ETF

US Equity Total Market

No. As of September 2026, Direxion Low Priced Stock ETF (LOPX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Direxion Low Priced Stock ETF does not pass Musaffa's business and financial screening criteria.

LOPX was created on 2021-07-22 by Direxion. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 1.49m in AUM and 51 holdings. LOPX tracks an equal-weighted index of 50 low-priced US securities selected using a technical-focused strategy that varies depending on the quarter of rebalancing.

Direxion Low Priced Stock ETF (LOPX) Chart

Key Statistics of Direxion Low Priced Stock ETF (LOPX)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
22.73%
Energy
18.39%
Information Technology
16.11%
Industrials
14.62%
Consumer Discretionary
7.86%
Financials
7.61%
Materials
6.26%
Communication Services
3.10%
Real Estate
2.40%
Consumer Staples
0.91%

FAQ's for Direxion Low Priced Stock ETF (LOPX)

As of September 2026, Direxion Low Priced Stock ETF LOPX is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Direxion Low Priced Stock ETF using these criteria to determine its compliance status.
The Shariah compliance status of Direxion Low Priced Stock ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of Direxion Low Priced Stock ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.