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Manulife Multifactor Canadian Large Cap Index ETF MCLC.TO

Is Manulife Multifactor Canadian Large Cap Index ETF Halal?

Shariah Compliance Analysis of MCLC.TO ETF

No. As of October 2026, Manulife Multifactor Canadian Large Cap Index ETF (MCLC.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

MCLC.TO was created on 2017-04-17 by Manulife. The fund's investment portfolio concentrates primarily on large cap equity. The fund tracks an index of Canadian firms ranked 1-15 by size, weighted by multiple factors.

MCLC.TO Shariah Compliance

As of October 2026, Manulife Multifactor Canadian Large Cap Index ETF is classified as not halal.

NOT HALAL

Manulife Multifactor Canadian Large Cap Index ETF (MCLC.TO) Chart

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