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Desjardins RI Global Multifactor Fossil Fuel Reserves Free ETF DRFG.TO

Is Desjardins RI Global Multifactor Fossil Fuel Reserves Free ETF Halal?

Shariah Compliance Analysis of DRFG.TO ETF

No. As of October 2026, Desjardins RI Global Multifactor Fossil Fuel Reserves Free ETF (DRFG.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

DRFG.TO was created on 2019-03-07 by Desjardins. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 472.64m in AUM and 303 holdings. The fund tracks an index of multi-factor selected global stocks excluding firms that own or derive significant revenue from fossil fuel reserves. Holdings must also meet pre-determined ESG standards.

DRFG.TO Shariah Compliance

As of October 2026, Desjardins RI Global Multifactor Fossil Fuel Reserves Free ETF is classified as not halal.

NOT HALAL

Desjardins RI Global Multifactor Fossil Fuel Reserves Free ETF (DRFG.TO) Chart

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