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Direxion Daily TSM Bear 1X Shares TSMZ

Is Direxion Daily TSM Bear 1X Shares ETF Halal?

Shariah Compliance Analysis of TSMZ ETF

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

TSMZ was created on 2024-10-03 by Direxion. The fund's investment portfolio concentrates primarily on information technology equity. TSMZ provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Taiwan Semiconductor Manufacturing (TSM) stock.

TSMZ Shariah Compliance

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

NOT HALAL

Direxion Daily TSM Bear 1X Shares (TSMZ) Chart

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