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CIBC Global Bond ex-Canada Index ETF (CAD-Hedged) Trust Units CGBI.TO

Is CIBC Global Bond ex-Canada Index ETF (CAD-Hedged) Trust Units Halal?

Shariah Compliance Analysis of CGBI.TO ETF

No. As of October 2026, CIBC Global Bond ex-Canada Index ETF (CAD-Hedged) Trust Units (CGBI.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

CGBI.TO was created on 2021-09-16 by CIBC. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 623.86m in AUM and 306 holdings. The fund tracks a market value-weighted index that provides exposure to investment-grade debt securities from developed countries, excluding Canada. The fund is hedged to CAD.

CGBI.TO Shariah Compliance

As of October 2026, CIBC Global Bond ex-Canada Index ETF (CAD-Hedged) Trust Units is classified as not halal.

NOT HALAL

CIBC Global Bond ex-Canada Index ETF (CAD-Hedged) Trust Units (CGBI.TO) Chart

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