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Direxion Daily Technology Bull 3x Shares TECL

Is Direxion Daily Technology Bull 3x Shares ETF Halal?

Shariah Compliance Analysis of TECL ETF

No. As of October 2026, Direxion Daily Technology Bull 3x Shares (TECL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

TECL was created on 2008-12-17 by Direxion. The fund's investment portfolio concentrates primarily on information technology equity. TECL provides 3x leveraged exposure to a market-cap weighted index of US large-cap technology companies.

TECL Shariah Compliance

As of October 2026, Direxion Daily Technology Bull 3x Shares is classified as not halal.

NOT HALAL

Direxion Daily Technology Bull 3x Shares (TECL) Chart

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