Is iShares Premium Money Market ETF Trust Units halal to invest in?

As of September 2026, iShares Premium Money Market ETF Trust Units CMR.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 iShares Premium Money Market ETF Trust Units 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 Premium Money Market ETF Trust Units using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares Premium Money Market ETF Trust Units updated?

The Shariah compliance status of iShares Premium Money Market ETF Trust Units may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like iShares Premium Money Market ETF Trust Units 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 iShares Premium Money Market ETF Trust Units?

You can check the latest Shariah compliance status of iShares Premium Money Market ETF Trust Units on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

iShares Premium Money Market ETF Trust Units CMR.TO

CMR.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares Premium Money Market ETF Trust Units is classified as not halal.

NOT HALAL

Is iShares Premium Money Market ETF Trust Units Halal?

Shariah Compliance Analysis of CMR.TO ETF

CA Fixed Income Investment Grade

No. As of September 2026, iShares Premium Money Market ETF Trust Units (CMR.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares Premium Money Market ETF Trust Units does not pass Musaffa's business and financial screening criteria.

CMR.TO was created on 2008-02-19 by iShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 2455.59m in AUM and 97 holdings. The fund is an actively managed fund that holds investment-grade Canadian debt with less than 90 days to maturity.

iShares Premium Money Market ETF Trust Units (CMR.TO) Chart

Key Statistics of iShares Premium Money Market ETF Trust Units (CMR.TO)

Today's Open

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FAQ's for iShares Premium Money Market ETF Trust Units (CMR.TO)

As of September 2026, iShares Premium Money Market ETF Trust Units CMR.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 iShares Premium Money Market ETF Trust Units using these criteria to determine its compliance status.
The Shariah compliance status of iShares Premium Money Market 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 iShares Premium Money Market ETF Trust Units on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.