Musaffa Logo
CI Morningstar Canada Value Index ETF FXM.TO

Is CI Morningstar Canada Value Index ETF Halal?

Shariah Compliance Analysis of FXM.TO ETF

No. As of October 2026, CI Morningstar Canada Value Index ETF (FXM.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

FXM.TO was created on 2012-02-13 by CI. The fund's investment portfolio concentrates primarily on total market equity. The fund tracks an equal-weighted index of 30 Canadian stocks exhibiting value characteristics.

FXM.TO Shariah Compliance

As of October 2026, CI Morningstar Canada Value Index ETF is classified as not halal.

NOT HALAL

CI Morningstar Canada Value Index ETF (FXM.TO) Chart

Fetching Price Chart...