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Direxion Daily NVDA Bull 2X Shares NVDU

Is Direxion Daily NVDA Bull 2X Shares ETF Halal?

Shariah Compliance Analysis of NVDU ETF

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

NVDU was created on 2023-09-13 by Direxion. The fund's investment portfolio concentrates primarily on information technology equity. NVDU provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of NVIDIA stock.

NVDU Shariah Compliance

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

NOT HALAL

Direxion Daily NVDA Bull 2X Shares (NVDU) Chart

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