Fidelity Canadian High Quality ETF Trust Units Series L FCCQ.TO
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FCCQ.TO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Fidelity Canadian High Quality ETF Trust Units Series L is classified as not halal.
NOT HALAL
Is Fidelity Canadian High Quality ETF Trust Units Series L Halal?
Shariah Compliance Analysis of FCCQ.TO ETF
CA Equity Total Market No. As of September 2026, Fidelity Canadian High Quality ETF Trust Units Series L (FCCQ.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Fidelity Canadian High Quality ETF Trust Units Series L does not pass Musaffa's business and financial screening criteria.
FCCQ.TO was created on 2019-01-18 by Fidelity. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 1168.68m in AUM and 64 holdings. The fund tracks an index of large- and mid-cap Canadian stocks selected for fundamental quality metrics. Holdings are weighted to increase exposure to high-quality sectors.
Fidelity Canadian High Quality ETF Trust Units Series L (FCCQ.TO) Chart
Key Statistics of Fidelity Canadian High Quality ETF Trust Units Series L (FCCQ.TO)
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-FAQ's for Fidelity Canadian High Quality ETF Trust Units Series L (FCCQ.TO)
- As of September 2026, Fidelity Canadian High Quality ETF Trust Units Series L FCCQ.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 Fidelity Canadian High Quality ETF Trust Units Series L using these criteria to determine its compliance status.
- The Shariah compliance status of Fidelity Canadian High Quality ETF Trust Units Series L 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 Fidelity Canadian High Quality ETF Trust Units Series L on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.