Is CI Galaxy Blockchain Index ETF halal to invest in?

As of September 2026, CI Galaxy Blockchain Index ETF CBCX.TO 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 CI Galaxy Blockchain Index 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 CI Galaxy Blockchain Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for CI Galaxy Blockchain Index ETF updated?

The Shariah compliance status of CI Galaxy Blockchain Index 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 CI Galaxy Blockchain Index 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 CI Galaxy Blockchain Index ETF?

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

CI Galaxy Blockchain Index ETF CBCX.TO

CBCX.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, CI Galaxy Blockchain Index ETF is classified as not halal.

NOT HALAL

Is CI Galaxy Blockchain Index ETF Halal?

Shariah Compliance Analysis of CBCX.TO ETF

CA Equity Theme

No. As of September 2026, CI Galaxy Blockchain Index ETF (CBCX.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. CI Galaxy Blockchain Index ETF does not pass Musaffa's business and financial screening criteria.

CBCX.TO was created on 2022-05-03 by CI. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 6.94m in AUM and 49 holdings. The fund tracks an index of global companies engaged in the development of blockchain technologies and the cryptocurrency ecosystem.

CI Galaxy Blockchain Index ETF (CBCX.TO) Chart

Key Statistics of CI Galaxy Blockchain Index ETF (CBCX.TO)

Today's Open

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FAQ's for CI Galaxy Blockchain Index ETF (CBCX.TO)

As of September 2026, CI Galaxy Blockchain Index ETF CBCX.TO 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 CI Galaxy Blockchain Index ETF using these criteria to determine its compliance status.
The Shariah compliance status of CI Galaxy Blockchain Index 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 CI Galaxy Blockchain Index ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.