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Premium Cash Management Fund ETF Trust Units -Unhedged- MCAD.TO

Is Premium Cash Management Fund ETF Trust Units -Unhedged- Halal?

Shariah Compliance Analysis of MCAD.TO ETF

No. As of October 2026, Premium Cash Management Fund ETF Trust Units -Unhedged- (MCAD.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

MCAD.TO was created on 2023-05-29 by Evolve. The fund's investment portfolio concentrates primarily on investment grade fixed income. MCAD.TO is actively managed, aiming to provide liquidity and current income, while preserving capital. The fund invests in various types of Canadian dollar-denominated investment-grade ultra-short term debt securities.

MCAD.TO Shariah Compliance

As of October 2026, Premium Cash Management Fund ETF Trust Units -Unhedged- is classified as not halal.

NOT HALAL

Premium Cash Management Fund ETF Trust Units -Unhedged- (MCAD.TO) Chart

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