Is CIBC Global Growth ETF halal to invest in?

As of September 2026, CIBC Global Growth ETF CGLO.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 CIBC Global Growth 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 CIBC Global Growth ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for CIBC Global Growth ETF updated?

The Shariah compliance status of CIBC Global Growth 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 CIBC Global Growth 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 CIBC Global Growth ETF?

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

CIBC Global Growth ETF CGLO.TO

CGLO.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, CIBC Global Growth ETF is classified as not halal.

NOT HALAL

Is CIBC Global Growth ETF Halal?

Shariah Compliance Analysis of CGLO.TO ETF

CA Equity Total Market

No. As of September 2026, CIBC Global Growth ETF (CGLO.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. CIBC Global Growth ETF does not pass Musaffa's business and financial screening criteria.

CGLO.TO was created on 2020-07-27 by CIBC. The fund's investment portfolio concentrates primarily on total market equity. The fund is an actively managed fund of global large- and mid-cap stocks exhibiting growth characteristics.

CIBC Global Growth ETF (CGLO.TO) Chart

Key Statistics of CIBC Global Growth ETF (CGLO.TO)

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FAQ's for CIBC Global Growth ETF (CGLO.TO)

As of September 2026, CIBC Global Growth ETF CGLO.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 CIBC Global Growth ETF using these criteria to determine its compliance status.
The Shariah compliance status of CIBC Global Growth 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 CIBC Global Growth ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.