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CIBC Income Advantage Fund Trust Units CCLO.NE

Is CIBC Income Advantage Fund Trust Units ETF Halal?

Shariah Compliance Analysis of CCLO.NE ETF

No. As of October 2026, CIBC Income Advantage Fund Trust Units (CCLO.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

CCLO.NE was created on 2025-05-21 by CIBC. The fund's investment portfolio concentrates primarily on investment grade fixed income. The fund aims for high income and capital preservation by actively investing in AAA-rated USD-denominated CLOs of any maturity.

CCLO.NE Shariah Compliance

As of October 2026, CIBC Income Advantage Fund Trust Units is classified as not halal.

NOT HALAL

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