Is CI U.S. Small/Mid Cap Equity Private Pool Trust Units halal to invest in?

As of September 2026, CI U.S. Small/Mid Cap Equity Private Pool Trust Units CSMD.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 U.S. Small/Mid Cap Equity Private Pool 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 CI U.S. Small/Mid Cap Equity Private Pool Trust Units using these criteria to determine its compliance status.

How often is the Shariah compliance for CI U.S. Small/Mid Cap Equity Private Pool Trust Units updated?

The Shariah compliance status of CI U.S. Small/Mid Cap Equity Private Pool Trust Units 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 CI U.S. Small/Mid Cap Equity Private Pool Trust Units?

You can check the latest Shariah compliance status of CI U.S. Small/Mid Cap Equity Private Pool Trust Units on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

CI U.S. Small/Mid Cap Equity Private Pool Trust Units CSMD.TO

CSMD.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, CI U.S. Small/Mid Cap Equity Private Pool Trust Units is classified as not halal.

NOT HALAL

Is CI U.S. Small/Mid Cap Equity Private Pool Trust Units ETF Halal?

Shariah Compliance Analysis of CSMD.TO ETF

CA Equity Extended Market

No. As of September 2026, CI U.S. Small/Mid Cap Equity Private Pool Trust Units (CSMD.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. CI U.S. Small/Mid Cap Equity Private Pool Trust Units does not pass Musaffa's business and financial screening criteria.

CSMD.TO was created on 2025-08-12 by CI. The fund's investment portfolio concentrates primarily on extended market equity. The ETF currently has 1.13m in AUM and 51 holdings. The fund seeks to provide long-term capital growth through an actively managed portfolio of 30 to 50 stocks issued by US mid- and small-cap companies.

CI U.S. Small/Mid Cap Equity Private Pool Trust Units (CSMD.TO) Chart

Key Statistics of CI U.S. Small/Mid Cap Equity Private Pool Trust Units (CSMD.TO)

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FAQ's for CI U.S. Small/Mid Cap Equity Private Pool Trust Units (CSMD.TO)

As of September 2026, CI U.S. Small/Mid Cap Equity Private Pool Trust Units CSMD.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 U.S. Small/Mid Cap Equity Private Pool Trust Units using these criteria to determine its compliance status.
The Shariah compliance status of CI U.S. Small/Mid Cap Equity Private Pool 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 CI U.S. Small/Mid Cap Equity Private Pool Trust Units on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.