Is CI Preferred Share ETF halal to invest in?

As of September 2026, CI Preferred Share ETF FPR.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 Preferred Share 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 Preferred Share ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for CI Preferred Share ETF updated?

The Shariah compliance status of CI Preferred Share 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 Preferred Share 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 Preferred Share ETF?

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

CI Preferred Share ETF FPR.TO

FPR.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, CI Preferred Share ETF is classified as not halal.

NOT HALAL

Is CI Preferred Share ETF Halal?

Shariah Compliance Analysis of FPR.TO ETF

CA Fixed Income Investment Grade

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

FPR.TO was created on 2016-05-11 by CI. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 56.98m in AUM and 58 holdings. The fund is an actively managed fund that invests in North American preferred shares and investment-grade debt.

CI Preferred Share ETF (FPR.TO) Chart

Key Statistics of CI Preferred Share ETF (FPR.TO)

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FAQ's for CI Preferred Share ETF (FPR.TO)

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