I guess you could, but why would you want to? Usually the extruded toe rail is a toe rail and a cap to secure the hull
joint of the boat. Normally the joint is filled with a resin slurry or a 5200 type compound and tightened and secured in place with the toe rail by bolting or screwing or some combination with fasteners in and down every 3 inches or so. It replaces the need for a separate toe rail.
You should have your joint already secured and have a toe rail so what advantage do you get.
I suppose you get a place to shackle blocks but it's going to interfere with your teak maintenance
. I'ld say skip it.