Is CI Global Financial Sector ETF halal to invest in?

As of September 2026, CI Global Financial Sector ETF FSF.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 Global Financial Sector 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 Global Financial Sector ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for CI Global Financial Sector ETF updated?

The Shariah compliance status of CI Global Financial Sector 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 Global Financial Sector 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 Global Financial Sector ETF?

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

CI Global Financial Sector ETF FSF.TO

FSF.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, CI Global Financial Sector ETF is classified as not halal.

NOT HALAL

Is CI Global Financial Sector ETF Halal?

Shariah Compliance Analysis of FSF.TO ETF

CA Equity Financials

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

FSF.TO was created on 2014-11-21 by CI. The fund's investment portfolio concentrates primarily on financials equity. The ETF currently has 125.73m in AUM and 44 holdings. The fund holds an actively managed portfolio of global companies involved in the financial services industry.

CI Global Financial Sector ETF (FSF.TO) Chart

Key Statistics of CI Global Financial Sector ETF (FSF.TO)

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FAQ's for CI Global Financial Sector ETF (FSF.TO)

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