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Direxion Daily SHOP Bull 2X ETF SHPU

Is Direxion Daily SHOP Bull 2X ETF Halal?

Shariah Compliance Analysis of SHPU ETF

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

SHPU was created on 2025-08-06 by Direxion. The fund's investment portfolio concentrates primarily on information technology equity. SHPU provides 2x leveraged exposure to the daily price performance of the common shares of Shopify Inc. (SHOP).

SHPU Shariah Compliance

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

NOT HALAL

Direxion Daily SHOP Bull 2X ETF (SHPU) Chart

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