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CIBC Active Investment Grade Floating Rate Bond ETF CAFR.TO

Is CIBC Active Investment Grade Floating Rate Bond ETF Halal?

Shariah Compliance Analysis of CAFR.TO ETF

No. As of October 2026, CIBC Active Investment Grade Floating Rate Bond ETF (CAFR.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

CAFR.TO was created on 2019-01-16 by CIBC. The fund's investment portfolio concentrates primarily on investment grade fixed income. The fund holds an actively managed portfolio of investment-grade debt. Holdings are primarily from Canadian issuers but may be up to 30% from foreign issuers. The fund uses derivatives to hedge the interest rate risk of the portfolio.

CAFR.TO Shariah Compliance

As of October 2026, CIBC Active Investment Grade Floating Rate Bond ETF is classified as not halal.

NOT HALAL

CIBC Active Investment Grade Floating Rate Bond ETF (CAFR.TO) Chart

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