Is First Trust Canadian Capital Strength ETF halal to invest in?

As of September 2026, First Trust Canadian Capital Strength ETF FST.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 First Trust Canadian Capital Strength 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 First Trust Canadian Capital Strength ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for First Trust Canadian Capital Strength ETF updated?

The Shariah compliance status of First Trust Canadian Capital Strength 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 First Trust Canadian Capital Strength 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 First Trust Canadian Capital Strength ETF?

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

First Trust Canadian Capital Strength ETF FST.TO

FST.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, First Trust Canadian Capital Strength ETF is classified as not halal.

NOT HALAL

Is First Trust Canadian Capital Strength ETF Halal?

Shariah Compliance Analysis of FST.TO ETF

CA Equity Total Market

No. As of September 2026, First Trust Canadian Capital Strength ETF (FST.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First Trust Canadian Capital Strength ETF does not pass Musaffa's business and financial screening criteria.

FST.TO was created on 2001-11-29 by First Trust. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 246.49m in AUM and 26 holdings. The fund is an actively managed fund that invests in Canadian equity securities, selected according to quantitative factors believed to favor capital appreciation.

First Trust Canadian Capital Strength ETF (FST.TO) Chart

Key Statistics of First Trust Canadian Capital Strength ETF (FST.TO)

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FAQ's for First Trust Canadian Capital Strength ETF (FST.TO)

As of September 2026, First Trust Canadian Capital Strength ETF FST.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 First Trust Canadian Capital Strength ETF using these criteria to determine its compliance status.
The Shariah compliance status of First Trust Canadian Capital Strength 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 First Trust Canadian Capital Strength ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.