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Purpose Global Bond Class IGB.TO

Is Purpose Global Bond Class ETF Halal?

Shariah Compliance Analysis of IGB.TO ETF

No. As of October 2026, Purpose Global Bond Class (IGB.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

IGB.TO was created on 2018-06-21 by Purpose. The fund's investment portfolio concentrates primarily on broad credit fixed income. The fund is an actively managed portfolio that has the ability to invest in a broad range of investment-grade fixed income securities of any geography. Up to 20% may be invested in high-yield issues.

IGB.TO Shariah Compliance

As of October 2026, Purpose Global Bond Class is classified as not halal.

NOT HALAL

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