
Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
Pricing
Company
About Musaffa
Investors
Build with us

Hamilton Enhanced Canadian Equity DayMAX ETF Trust Units CDAY.NE
CDAY.NE Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Hamilton Enhanced Canadian Equity DayMAX ETF Trust Units is classified as not halal.
NOT HALAL
Is Hamilton Enhanced Canadian Equity DayMAX ETF Trust Units Halal?
Shariah Compliance Analysis of CDAY.NE ETF
No. As of September 2026, Hamilton Enhanced Canadian Equity DayMAX ETF Trust Units (CDAY.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Hamilton Enhanced Canadian Equity DayMAX ETF Trust Units does not pass Musaffa's business and financial screening criteria.
CDAY.NE was created on 2025-07-14 by Hamilton. The fund's investment portfolio concentrates primarily on large cap equity. CDAY.NE is an actively managed fund-of-funds investing in North American equities for income and growth, using 0DTE options and up to 25% leverage. Exposure and leverage are adjusted as needed. Currency risk outside the Canadian dollar is not hedged.
Hamilton Enhanced Canadian Equity DayMAX ETF Trust Units (CDAY.NE) Chart
Key Statistics of Hamilton Enhanced Canadian Equity DayMAX ETF Trust Units (CDAY.NE)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-FAQ's for Hamilton Enhanced Canadian Equity DayMAX ETF Trust Units (CDAY.NE)
- As of September 2026, Hamilton Enhanced Canadian Equity DayMAX ETF Trust Units CDAY.NE 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 Hamilton Enhanced Canadian Equity DayMAX ETF Trust Units using these criteria to determine its compliance status.
- The Shariah compliance status of Hamilton Enhanced Canadian Equity DayMAX ETF Trust Units 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 Hamilton Enhanced Canadian Equity DayMAX ETF Trust Units on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
