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First Trust Morningstar Dividend Leaders ETF (CAD-Hedged) FDL.TO

Is First Trust Morningstar Dividend Leaders ETF (CAD-Hedged) Halal?

Shariah Compliance Analysis of FDL.TO ETF

No. As of October 2026, First Trust Morningstar Dividend Leaders ETF (CAD-Hedged) (FDL.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

FDL.TO was created on 2016-09-28 by First Trust. The fund's investment portfolio concentrates primarily on high dividend yield equity. The fund tracks a dividend-weighted index of US companies with consistent and sustained dividend payments. The fund holds roughly 100 securities and excludes REITs.

FDL.TO Shariah Compliance

As of October 2026, First Trust Morningstar Dividend Leaders ETF (CAD-Hedged) is classified as not halal.

NOT HALAL

First Trust Morningstar Dividend Leaders ETF (CAD-Hedged) (FDL.TO) Chart

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