Is CI High Interest Savings ETF halal to invest in?

As of September 2026, CI High Interest Savings ETF CSAV.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 CI High Interest Savings 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 CI High Interest Savings ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for CI High Interest Savings ETF updated?

The Shariah compliance status of CI High Interest Savings 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 CI High Interest Savings 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 CI High Interest Savings ETF?

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

CI High Interest Savings ETF CSAV.TO

CSAV.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, CI High Interest Savings ETF is classified as not halal.

NOT HALAL

Is CI High Interest Savings ETF Halal?

Shariah Compliance Analysis of CSAV.TO ETF

CA Fixed Income Investment Grade

No. As of September 2026, CI High Interest Savings ETF (CSAV.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. CI High Interest Savings ETF does not pass Musaffa's business and financial screening criteria.

CSAV.TO was created on 2019-06-14 by CI. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 5300.53m in AUM and 6 holdings. The fund holds a portfolio of high-quality, short-term Canadian debt securities.

CI High Interest Savings ETF (CSAV.TO) Chart

Key Statistics of CI High Interest Savings ETF (CSAV.TO)

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FAQ's for CI High Interest Savings ETF (CSAV.TO)

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