As of September 2026, Dynamic Active U.S. Mid-Cap ETF is classified as not halal.
NOT HALAL
Is Dynamic Active U.S. Mid-Cap ETF Halal?
Shariah Compliance Analysis of DXZ.TO ETF
CA Equity Mid Cap
No. As of September 2026, Dynamic Active U.S. Mid-Cap ETF (DXZ.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Dynamic Active U.S. Mid-Cap ETF does not pass Musaffa's business and financial screening criteria.
DXZ.TO was created on 2017-09-22 by Dynamic. The fund's investment portfolio concentrates primarily on mid cap equity. The ETF currently has 22.88m in AUM and 42 holdings. The fund is a fund-of-funds that seeks long-term capital growth through an actively managed portfolio of US-based mid-cap companies.
Dynamic Active U.S. Mid-Cap ETF (DXZ.TO) Chart
Key Statistics of Dynamic Active U.S. Mid-Cap ETF (DXZ.TO)
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FAQ's for Dynamic Active U.S. Mid-Cap ETF (DXZ.TO)
As of September 2026, Dynamic Active U.S. Mid-Cap ETF DXZ.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 Dynamic Active U.S. Mid-Cap ETF using these criteria to determine its compliance status.
The Shariah compliance status of Dynamic Active U.S. Mid-Cap 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 Dynamic Active U.S. Mid-Cap ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.