Skip to main content
US EQUITIES CLOSED CRYPTO 24/7
HALAL TRADING ROOM Sharia-screened signals
TERMINAL
WE

WEBLETF / FundDirexion Daily Dow Jones Internet Bull 3X Shares

$20.05 last close 2026-11-05
Open in terminalCompare
Alert

Verdicts genuinely change. Free email alert the moment WEBL's does — no target price to set, unlike "Alert" above.

Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 57% of portfolio weight covered
Fund look-through

Direxion Daily Dow Jones Internet Bull 3X Shares · Direxion Shares ETF Trust

47 holdings

This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 112% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.

NON-COMPLIANT At least 12.44% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 48% turns out to be. Matching more holdings can only raise this share, never lower it.

47 holdings, 40 matched (57% of weight). Portfolio as of 2026-07-31, filed 2026-09-28. Source: SEC Form N-PORT.

2.18% of this portfolio’s income is non-permissible — weighted across holdings, computed over 57% of portfolio weight (40 of 47 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.

Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.

All holdings (47)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
DREYFUS UNSCREENED 19.77% no in-house ratios for this holding
GOLDMAN FINANCIAL UNSCREENED 11.86% no in-house ratios for this holding
N/A UNSCREENED 10.83% no in-house ratios for this holding
AMZN AMAZON.COM INC QUESTIONABLE 7.08% AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1%
META META PLATFORMS INC QUESTIONABLE 6.05% AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6%
CSCO CISCO SYSTEMS INC COMPLIANT 5.25% AAOIFI5.7% Usmani18.9% Dow Jones Islamic8.4% S&P Shariah9.5% MSCI Islamic18.9% MSCI Islamic M-Series9.5% FTSE Shariah17.6%
N/A UNSCREENED 4.39% no in-house ratios for this holding
GOOG ALPHABET INC QUESTIONABLE 3.45% AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9%
BKNG BOOKING HOLDINGS INC COMPLIANT 3.35% AAOIFI16.4% Usmani69.7% Dow Jones Islamic13.4% S&P Shariah14.4% MSCI Islamic69.7% MSCI Islamic M-Series14.4% FTSE Shariah68.0%
ANET ARISTA NETWORKS INC COMPLIANT 3.32% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
CRM SALESFORCE INC COMPLIANT 3.01% AAOIFI20.9% Usmani38.1% Dow Jones Islamic18.3% S&P Shariah17.8% MSCI Islamic38.1% MSCI Islamic M-Series17.8% FTSE Shariah35.8%
GOOG ALPHABET INC QUESTIONABLE 2.78% AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9%
SNOW SNOWFLAKE INC COMPLIANT 2.59% AAOIFI0.4% Usmani5.5% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic5.5% MSCI Islamic M-Series0.8% FTSE Shariah0.0%
ORCL ORACLE CORP NON_COMPLIANT 2.53% AAOIFI34.1% Usmani64.0% Dow Jones Islamic30.7% S&P Shariah35.2% MSCI Islamic61.0% MSCI Islamic M-Series35.2% FTSE Shariah49.5%
NFLX NETFLIX INC QUESTIONABLE 2.44% AAOIFI5.2% Usmani28.5% Dow Jones Islamic4.1% S&P Shariah4.7% MSCI Islamic28.5% MSCI Islamic M-Series4.7% FTSE Shariah24.5%
NET CLOUDFLARE INC NON_COMPLIANT 2.28% AAOIFI0.3% Usmani4.0% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic4.0% MSCI Islamic M-Series0.5% FTSE Shariah0.0%
DDOG DATADOG INC NON_COMPLIANT 2.26% AAOIFI1.7% Usmani16.9% Dow Jones Islamic2.4% S&P Shariah2.6% MSCI Islamic16.9% MSCI Islamic M-Series2.6% FTSE Shariah13.1%
DASH DOORDASH INC COMPLIANT 1.90% AAOIFI3.6% Usmani16.9% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic16.9% MSCI Islamic M-Series4.5% FTSE Shariah13.9%
ABNB AIRBNB INC NON_COMPLIANT 1.62% AAOIFI2.3% Usmani8.7% Dow Jones Islamic3.1% S&P Shariah3.1% MSCI Islamic8.7% MSCI Islamic M-Series3.1% FTSE Shariah8.6%
CIEN CIENA CORP COMPLIANT 1.36% AAOIFI6.7% Usmani41.1% Dow Jones Islamic10.4% S&P Shariah14.0% MSCI Islamic41.0% MSCI Islamic M-Series14.0% FTSE Shariah40.4%
EBAY EBAY INC COMPLIANT 1.29% AAOIFI13.9% Usmani35.6% Dow Jones Islamic16.9% S&P Shariah19.4% MSCI Islamic35.6% MSCI Islamic M-Series19.4% FTSE Shariah33.4%
PYPL PAYPAL HOLDINGS INC NON_COMPLIANT 1.29% AAOIFI22.1% Usmani12.5% Dow Jones Islamic16.3% S&P Shariah16.0% MSCI Islamic12.5% MSCI Islamic M-Series16.0% FTSE Shariah11.7%
CVNA CARVANA COMPANY COMPLIANT 1.14% AAOIFI6.8% Usmani38.2% Dow Jones Islamic8.2% S&P Shariah10.9% MSCI Islamic38.2% MSCI Islamic M-Series10.9% FTSE Shariah35.5%
WDAY WORKDAY INC COMPLIANT 0.84% AAOIFI8.4% Usmani23.8% Dow Jones Islamic8.1% S&P Shariah7.7% MSCI Islamic23.8% MSCI Islamic M-Series7.7% FTSE Shariah18.8%
VEEV VEEVA SYSTEMS INC NON_COMPLIANT 0.78% AAOIFI0.4% Usmani1.7% Dow Jones Islamic0.4% S&P Shariah0.4% MSCI Islamic1.7% MSCI Islamic M-Series0.4% FTSE Shariah0.0%
CPRT COPART INC COMPLIANT 0.66% AAOIFI0.3% Usmani0.9% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic0.9% MSCI Islamic M-Series0.2% FTSE Shariah0.0%
ZM ZOOM COMMUNICATIONS INC COMPLIANT 0.65% AAOIFI0.2% Usmani0.4% Dow Jones Islamic0.2% S&P Shariah0.3% MSCI Islamic0.4% MSCI Islamic M-Series0.3% FTSE Shariah0.0%
RBLX ROBLOX CORP COMPLIANT 0.61% AAOIFI5.7% Usmani18.8% Dow Jones Islamic3.5% S&P Shariah4.2% MSCI Islamic18.8% MSCI Islamic M-Series4.2% FTSE Shariah10.4%
VRSN VERISIGN INC COMPLIANT 0.61% AAOIFI0.0% Usmani0.3% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.3% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
OKTA OKTA INC COMPLIANT 0.61% AAOIFI0.2% Usmani0.6% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic0.6% MSCI Islamic M-Series0.3% FTSE Shariah0.0%
FFIV F5 INC COMPLIANT 0.58% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
COREWEAVE INC UNSCREENED 0.48% no in-house ratios for this holding
FLUT FLUTTER ENTERTAINMENT PLC NON_COMPLIANT 0.46% AAOIFI72.3% Usmani44.5% Dow Jones Islamic34.3% S&P Shariah36.7% MSCI Islamic44.5% MSCI Islamic M-Series36.7% FTSE Shariah42.5%
AKAM AKAMAI TECHNOLOGIES INC NON_COMPLIANT 0.43% AAOIFI74.5% Usmani62.0% Dow Jones Islamic67.0% S&P Shariah64.0% MSCI Islamic62.0% MSCI Islamic M-Series64.0% FTSE Shariah50.2%
TEAM ATLASSIAN CORP COMPLIANT 0.41% AAOIFI2.6% Usmani20.2% Dow Jones Islamic2.9% S&P Shariah2.7% MSCI Islamic20.2% MSCI Islamic M-Series2.7% FTSE Shariah16.2%
NTNX NUTANIX INC COMPLIANT 0.40% AAOIFI8.3% Usmani30.0% Dow Jones Islamic9.2% S&P Shariah9.9% MSCI Islamic29.9% MSCI Islamic M-Series9.9% FTSE Shariah26.6%
N/A UNSCREENED 0.36% no in-house ratios for this holding
IOT SAMSARA INC COMPLIANT 0.36% AAOIFI0.3% Usmani2.5% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic2.5% MSCI Islamic M-Series0.3% FTSE Shariah0.0%
HUBS HUBSPOT INC COMPLIANT 0.31% AAOIFI5.0% Usmani17.3% Dow Jones Islamic2.6% S&P Shariah2.4% MSCI Islamic17.3% MSCI Islamic M-Series2.4% FTSE Shariah10.5%
DKNG DRAFTKINGS INC NON_COMPLIANT 0.30% AAOIFI11.2% Usmani31.4% Dow Jones Islamic7.9% S&P Shariah7.7% MSCI Islamic31.4% MSCI Islamic M-Series7.7% FTSE Shariah29.5%
GDDY GODADDY INC NON_COMPLIANT 0.28% AAOIFI32.7% Usmani48.0% Dow Jones Islamic19.7% S&P Shariah20.9% MSCI Islamic48.0% MSCI Islamic M-Series20.9% FTSE Shariah47.2%
DOCU DOCUSIGN INC COMPLIANT 0.27% AAOIFI1.5% Usmani4.6% Dow Jones Islamic1.3% S&P Shariah1.4% MSCI Islamic4.6% MSCI Islamic M-Series1.4% FTSE Shariah0.0%
N/A UNSCREENED 0.23% no in-house ratios for this holding
PAYC PAYCOM SOFTWARE INC COMPLIANT 0.18% AAOIFI10.1% Usmani18.9% Dow Jones Islamic9.5% S&P Shariah9.3% MSCI Islamic18.9% MSCI Islamic M-Series9.3% FTSE Shariah17.3%
DUOL DUOLINGO INC COMPLIANT 0.14% AAOIFI1.3% Usmani4.2% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic4.2% MSCI Islamic M-Series0.8% FTSE Shariah0.0%
MARA MARA HOLDINGS INC NON_COMPLIANT 0.11% AAOIFI59.2% Usmani56.7% Dow Jones Islamic48.0% S&P Shariah50.6% MSCI Islamic56.6% MSCI Islamic M-Series50.6% FTSE Shariah55.6%
CRCL CIRCLE INTERNET GROUP INC NON_COMPLIANT 0.09% AAOIFI0.1% Usmani0.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.0% MSCI Islamic M-Seriesfail FTSE Shariah0.0%

The published standards disagree about this fund by 20 points of portfolio weight — 51.1% of it passes Dow Jones Islamic, 30.7% passes MSCI Islamic. Which number is yours depends on which standard you follow.

These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.

ratios pass on 48.3% ratios fail on 12.6% 51.2% not rated under AAOIFI

39 of 47 listed holdings carry our own per-methodology verdicts (64% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 38 (64% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
ORCL ORACLE CORP 2.53%
NET CLOUDFLARE INC 2.28%
DDOG DATADOG INC 2.26%
ABNB AIRBNB INC 1.62%
PYPL PAYPAL HOLDINGS INC 1.29%
VEEV VEEVA SYSTEMS INC 0.78%
FLUT FLUTTER ENTERTAINMENT PLC 0.46%
AKAM AKAMAI TECHNOLOGIES INC 0.43%
DKNG DRAFTKINGS INC 0.30%
GDDY GODADDY INC 0.28%

Methodology breakdown computing — it will appear here on its own.

🕌Open research, not a fatwa — verify with your own scholar.

Trade setup

Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.

SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Why this signal?

The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.

Structure0 of 5 timeframes bullish · 69.6% aligned
VWAPPrice below VWAP ($20.78)
VolumeRelative volume 15.6× the 20-day average
Momentum10-day rate of change -22.4%

Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.

Market & analysts
Momentum (10d)
-22.4%
rate of change
SMC grade
C · 51
69.6% aligned
C · 51
SMC grade — 69.6% timeframe alignment
-22.4%
Rate of change (10d)

🕌 In-house Compliance Research

Computing the full ratio and business-activity breakdown for WEBL — this runs off the critical path so the page paints first. It will appear here on its own.

32.0527.8423.6219.4115.192025-11-062026-05-082026-11-05

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
20.97
S2
21.86
S1
22.55
PIVOT
23.44
R1
24.13
R2
25.02
R3
25.71

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

7-day expected range
25.82 – 32.74
±11.83% from 29.28, made 2026-09-26 · resolves 2026-10-03
STRONG BUY
from 19 indicators
61.9% of our last 5789 forecasts — across every instrument we forecast, not just this one — landed inside their stated range, and 49.9% called the direction correctly.

Technical Summary

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

STRONG SELL
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG SELL
0 buy · 0 neutral · 12 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)30.20NEUTRAL
Stochastic %K (14)10.04BUY
CCI (20)-139.10BUY
Williams %R (14)-89.96BUY
MACD (12,26,9)-0.61SELL
ROC (10)-22.41SELL
Momentum (10)-5.79SELL
EMA (10)23.30SELL
SMA (10)23.56SELL
EMA (20)25.11SELL
SMA (20)26.21SELL
EMA (30)26.06SELL
SMA (30)27.21SELL
EMA (50)26.79SELL
SMA (50)28.02SELL
EMA (100)26.72SELL
SMA (100)26.77SELL
EMA (200)25.61SELL
SMA (200)24.36SELL

About Direxion Daily Dow Jones Internet Bull 3X Shares

The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index includes companies that generate at least 50% of their annual sales/revenue from the internet as determined by the index provider. It is non-diversified.

Background via Yahoo Finance — informational, not part of the verdict.

Grade verdict

Average — needs more confirmation before sizing up

SMC — Top Down

Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.

TimeframeBiasBars
📅 Daily BEARISH 43
⏰ 4H BEARISH 22
🕐 1H RANGING 89
⏱ 15-Min RANGING 130
⏲ 5-Min RANGING 234

Momentum & Volume

Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.

-22.4%
Rate of change (10d)
15.6×
Volume vs its 20-day average
-1.94
MACD (no fresh cross)

Peer Movement

How the rest of the sector moved over the same window. Context for a price move, never a cause of one.

Peer movement computing — it will appear here on its own.

Before you act on this

The questions worth asking about any verdict on this page, answered plainly.

Is a fund screened on its name?

No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.

What does unrated weight mean?

It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.

Does the issuer's board make it compliant?

It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.

How often is this re-screened?

When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.

Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.

Compare with

Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.

Peer screening computing — it will appear here on its own.

Insider Activity (90d)

Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.

NEUTRAL   report date 2026-10-27 · Asset managers net 923449 (+22072)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.