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Direxion Daily Technology Bear 3X Shares TECS

Is Direxion Daily Technology Bear 3X Shares ETF Halal?

Shariah Compliance Analysis of TECS ETF

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

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

TECS Shariah Compliance

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

NOT HALAL

Direxion Daily Technology Bear 3X Shares (TECS) Chart

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