Is CI Canada Quality Dividend Growth Index ETF halal to invest in?

As of September 2026, CI Canada Quality Dividend Growth Index ETF DGRC.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 Canada Quality Dividend Growth Index 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 Canada Quality Dividend Growth Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for CI Canada Quality Dividend Growth Index ETF updated?

The Shariah compliance status of CI Canada Quality Dividend Growth Index 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 Canada Quality Dividend Growth Index 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 Canada Quality Dividend Growth Index ETF?

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

CI Canada Quality Dividend Growth Index ETF DGRC.TO

DGRC.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, CI Canada Quality Dividend Growth Index ETF is classified as not halal.

NOT HALAL

Is CI Canada Quality Dividend Growth Index ETF Halal?

Shariah Compliance Analysis of DGRC.TO ETF

CA Equity Total Market

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

DGRC.TO was created on 2017-09-19 by CI. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 980.45m in AUM and 51 holdings. The fund tracks an index of dividend-paying Canadian companies exhibiting growth characteristics. Holdings are weighted based on dividends.

CI Canada Quality Dividend Growth Index ETF (DGRC.TO) Chart

Key Statistics of CI Canada Quality Dividend Growth Index ETF (DGRC.TO)

Today's Open

AUM

Avg. Volume

Expense Ratio

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P/B Ratio

FAQ's for CI Canada Quality Dividend Growth Index ETF (DGRC.TO)

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