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Direxion Daily MSCI Emerging Markets ex China Bull 2X Shares XXCH

Is Direxion Daily MSCI Emerging Markets ex China Bull 2X Shares ETF Halal?

Shariah Compliance Analysis of XXCH ETF

No. As of October 2026, Direxion Daily MSCI Emerging Markets ex China Bull 2X Shares (XXCH) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

XXCH was created on 2024-02-07 by Direxion. The fund's investment portfolio concentrates primarily on total market equity. XXCH offers 200% (or 2x leveraged) exposure to a market cap-weighted index comprising companies operating in emerging markets, with the exception of China.

XXCH Shariah Compliance

As of October 2026, Direxion Daily MSCI Emerging Markets ex China Bull 2X Shares is classified as not halal.

NOT HALAL

Direxion Daily MSCI Emerging Markets ex China Bull 2X Shares (XXCH) Chart

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