Is Desjardins Developed ex-USA ex-Canada Multifactor-Controlled 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 Desjardins Developed ex-USA ex-Canada Multifactor-Controlled using these criteria to determine its compliance status.

How often is the Shariah compliance for Desjardins Developed ex-USA ex-Canada Multifactor-Controlled updated?

The Shariah compliance status of Desjardins Developed ex-USA ex-Canada Multifactor-Controlled 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 Desjardins Developed ex-USA ex-Canada Multifactor-Controlled?

You can check the latest Shariah compliance status of Desjardins Developed ex-USA ex-Canada Multifactor-Controlled on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Desjardins Developed ex-USA ex-Canada Multifactor-Controlled DFD.TO

DFD.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Desjardins Developed ex-USA ex-Canada Multifactor-Controlled is classified as not halal.

NOT HALAL

Is Desjardins Developed ex-USA ex-Canada Multifactor-Controlled ETF Halal?

Shariah Compliance Analysis of DFD.TO ETF

CA Equity Total Market

No. As of September 2026, Desjardins Developed ex-USA ex-Canada Multifactor-Controlled (DFD.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Desjardins Developed ex-USA ex-Canada Multifactor-Controlled does not pass Musaffa's business and financial screening criteria.

DFD.TO was created on 2017-05-03 by Desjardins. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 5.41m in AUM and 214 holdings. DFD.TO tracks an index of developed-market stocks, ex-US and Canada, that are selected and weighted according to six technical and fundamental factors.

Desjardins Developed ex-USA ex-Canada Multifactor-Controlled (DFD.TO) Chart

Key Statistics of Desjardins Developed ex-USA ex-Canada Multifactor-Controlled (DFD.TO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

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FAQ's for Desjardins Developed ex-USA ex-Canada Multifactor-Controlled (DFD.TO)

As of September 2026, Desjardins Developed ex-USA ex-Canada Multifactor-Controlled DFD.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 Desjardins Developed ex-USA ex-Canada Multifactor-Controlled using these criteria to determine its compliance status.
The Shariah compliance status of Desjardins Developed ex-USA ex-Canada Multifactor-Controlled 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 Desjardins Developed ex-USA ex-Canada Multifactor-Controlled on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.