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Direxion Daily NFLX Bear 1X Shares NFXS

Is Direxion Daily NFLX Bear 1X Shares ETF Halal?

Shariah Compliance Analysis of NFXS ETF

No. As of October 2026, Direxion Daily NFLX Bear 1X Shares (NFXS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

NFXS was created on 2024-10-03 by Direxion. The fund's investment portfolio concentrates primarily on communication services equity. NFXS provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Netflix stock.

NFXS Shariah Compliance

As of October 2026, Direxion Daily NFLX Bear 1X Shares is classified as not halal.

NOT HALAL

Direxion Daily NFLX Bear 1X Shares (NFXS) Chart

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