Is CI Short Term Government Bond Index Class ETF halal to invest in?

As of September 2026, CI Short Term Government Bond Index Class ETF FGB.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 Short Term Government Bond Index Class 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 Short Term Government Bond Index Class ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for CI Short Term Government Bond Index Class ETF updated?

The Shariah compliance status of CI Short Term Government Bond Index Class 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 Short Term Government Bond Index Class 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 Short Term Government Bond Index Class ETF?

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

CI Short Term Government Bond Index Class ETF FGB.TO

FGB.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, CI Short Term Government Bond Index Class ETF is classified as not halal.

NOT HALAL

Is CI Short Term Government Bond Index Class ETF Halal?

Shariah Compliance Analysis of FGB.TO ETF

CA Fixed Income Investment Grade

No. As of September 2026, CI Short Term Government Bond Index Class ETF (FGB.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. CI Short Term Government Bond Index Class ETF does not pass Musaffa's business and financial screening criteria.

FGB.TO was created on 2016-02-24 by CI. The fund's investment portfolio concentrates primarily on investment grade fixed income. The fund tracks an index of investment-grade, short-term Canadian government debt.

CI Short Term Government Bond Index Class ETF (FGB.TO) Chart

Key Statistics of CI Short Term Government Bond Index Class ETF (FGB.TO)

Today's Open

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FAQ's for CI Short Term Government Bond Index Class ETF (FGB.TO)

As of September 2026, CI Short Term Government Bond Index Class ETF FGB.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 Short Term Government Bond Index Class ETF using these criteria to determine its compliance status.
The Shariah compliance status of CI Short Term Government Bond Index Class 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 Short Term Government Bond Index Class ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.