Is CI S&P/TSX 60 Equal Weight Index ETF Trust Units halal to invest in?

As of October 2026, CI S&P/TSX 60 Equal Weight Index ETF Trust Units EQLT.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 S&P/TSX 60 Equal Weight Index ETF 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 S&P/TSX 60 Equal Weight Index ETF Trust Units using these criteria to determine its compliance status.

How often is the Shariah compliance for CI S&P/TSX 60 Equal Weight Index ETF Trust Units updated?

The Shariah compliance status of CI S&P/TSX 60 Equal Weight Index ETF Trust Units 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 S&P/TSX 60 Equal Weight Index ETF Trust Units 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 S&P/TSX 60 Equal Weight Index ETF Trust Units?

You can check the latest Shariah compliance status of CI S&P/TSX 60 Equal Weight Index ETF Trust Units on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

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CI S&P/TSX 60 Equal Weight Index ETF Trust Units EQLT.TO

Is CI S&P/TSX 60 Equal Weight Index ETF Trust Units Halal?

Shariah Compliance Analysis of EQLT.TO ETF

No. As of October 2026, CI S&P/TSX 60 Equal Weight Index ETF Trust Units (EQLT.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

EQLT.TO was created on 2025-04-03 by Invesco. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 32.06m in AUM and 61 holdings. The fund tracks an equal-weighted index that provides exposure to large-cap Canadian-listed equity securities.

EQLT.TO Shariah Compliance

As of October 2026, CI S&P/TSX 60 Equal Weight Index ETF Trust Units is classified as not halal.

NOT HALAL

CI S&P/TSX 60 Equal Weight Index ETF Trust Units (EQLT.TO) Chart

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