Is iShares S&P/TSX Canadian Dividend Aristocrats 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 iShares S&P/TSX Canadian Dividend Aristocrats Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares S&P/TSX Canadian Dividend Aristocrats Index ETF updated?

The Shariah compliance status of iShares S&P/TSX Canadian Dividend Aristocrats Index ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Where can I check the Shariah status of iShares S&P/TSX Canadian Dividend Aristocrats Index ETF?

You can check the latest Shariah compliance status of iShares S&P/TSX Canadian Dividend Aristocrats Index ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

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iShares S&P/TSX Canadian Dividend Aristocrats Index ETF CDZ.TO

Is iShares S&P/TSX Canadian Dividend Aristocrats Index ETF Halal?

Q: Can a halal ETF like iShares S&P/TSX Canadian Dividend Aristocrats 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.

Shariah Compliance Analysis of CDZ.TO ETF

No. As of October 2026, iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

CDZ.TO was created on 2006-09-08 by iShares. The fund's investment portfolio concentrates primarily on total market equity. The fund tracks an index of total market Canadian companies listed on the Toronto Stock Exchange, selected by dividend growth and weighted by dividend yield.

CDZ.TO Shariah Compliance

As of October 2026, iShares S&P/TSX Canadian Dividend Aristocrats Index ETF is classified as not halal.

NOT HALAL

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ.TO) Chart

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