Musaffa Logo
Mackenzie GQE Canada Low Volatility ETF MCLV.TO

Is Mackenzie GQE Canada Low Volatility ETF Halal?

Shariah Compliance Analysis of MCLV.TO ETF

No. As of October 2026, Mackenzie GQE Canada Low Volatility ETF (MCLV.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

MCLV.TO was created on 2024-06-06 by Mackenzie. The fund's investment portfolio concentrates primarily on total market equity. The fund is actively managed to invest in large- and mid-cap Canadian stocks, while aiming for lower volatility.

MCLV.TO Shariah Compliance

As of October 2026, Mackenzie GQE Canada Low Volatility ETF is classified as not halal.

NOT HALAL

Mackenzie GQE Canada Low Volatility ETF (MCLV.TO) Chart

Fetching Price Chart...