Is CI Active Credit ETF halal to invest in?

As of September 2026, CI Active Credit ETF FAO.U.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 Active Credit 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 Active Credit ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for CI Active Credit ETF updated?

The Shariah compliance status of CI Active Credit 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 Active Credit 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 Active Credit ETF?

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

CI Active Credit ETF FAO.U.TO

FAO.U.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, CI Active Credit ETF is classified as not halal.

NOT HALAL

Is CI Active Credit ETF Halal?

Shariah Compliance Analysis of FAO.U.TO ETF

CA Fixed Income Broad Credit

No. As of September 2026, CI Active Credit ETF (FAO.U.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. CI Active Credit ETF does not pass Musaffa's business and financial screening criteria.

FAO.U.TO was created on 2015-01-16 by CI First Asset. The fund's investment portfolio concentrates primarily on broad credit fixed income. FAOs investment objective is to maximize long term risk-adjusted total returns, delivered through cash distributions and long term capital appreciation, in a manner consistent with preservation of capital and prudent risk management by actively investing primarily in corporate fixed income instruments of North American issuers.

CI Active Credit ETF (FAO.U.TO) Chart

Key Statistics of CI Active Credit ETF (FAO.U.TO)

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FAQ's for CI Active Credit ETF (FAO.U.TO)

As of September 2026, CI Active Credit ETF FAO.U.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 Active Credit ETF using these criteria to determine its compliance status.
The Shariah compliance status of CI Active Credit 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 Active Credit ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.