Is Direxion Work From Home ETF halal to invest in?

As of September 2026, Direxion Work From Home ETF WFH is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Direxion Work From Home ETF a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Direxion Work From Home ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Direxion Work From Home ETF updated?

The Shariah compliance status of Direxion Work From Home ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Direxion Work From Home ETF become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of Direxion Work From Home ETF?

You can check the latest Shariah compliance status of Direxion Work From Home ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Direxion Work From Home ETF WFH

WFH Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Direxion Work From Home ETF is classified as not halal.

NOT HALAL

Is Direxion Work From Home ETF Halal?

Shariah Compliance Analysis of WFH ETF

US Equity Theme

No. As of September 2026, Direxion Work From Home ETF (WFH) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Direxion Work From Home ETF does not pass Musaffa's business and financial screening criteria.

WFH was created on 2020-06-25 by Direxion. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 14.9m in AUM and 41 holdings. WFH tracks an equally-weighted index of global firms that provide technology that supports a more flexible work environment. Stocks are selected using a proprietary natural language processing algorithm.

Direxion Work From Home ETF (WFH) Chart

Key Statistics of Direxion Work From Home ETF (WFH)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
82.72%
Communication Services
14.44%
Consumer Discretionary
2.58%
Other
0.26%

FAQ's for Direxion Work From Home ETF (WFH)

As of September 2026, Direxion Work From Home ETF WFH is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Direxion Work From Home ETF using these criteria to determine its compliance status.
The Shariah compliance status of Direxion Work From Home ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of Direxion Work From Home ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.