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Manulife Multifactor Canadian SMID Cap Index ETF MCSM.TO

MCSM.TO Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Manulife Multifactor Canadian SMID Cap Index ETF Halal?

Shariah Compliance Analysis of MCSM.TO ETF

CA Equity Extended Market

No. As of September 2026, Manulife Multifactor Canadian SMID Cap Index ETF (MCSM.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Manulife Multifactor Canadian SMID Cap Index ETF does not pass Musaffa's business and financial screening criteria.

Manulife Multifactor Canadian SMID Cap Index ETF (MCSM.TO) Chart

Key Statistics of Manulife Multifactor Canadian SMID Cap Index ETF (MCSM.TO)

Today's Open

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AUM

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Expense Ratio

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P/B Ratio

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FAQ's for Manulife Multifactor Canadian SMID Cap Index ETF (MCSM.TO)

  • As of September 2026, Manulife Multifactor Canadian SMID Cap Index ETF MCSM.TO is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
  • An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Manulife Multifactor Canadian SMID Cap Index ETF using these criteria to determine its compliance status.
  • The Shariah compliance status of Manulife Multifactor Canadian SMID Cap Index ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
  • Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
  • You can check the latest Shariah compliance status of Manulife Multifactor Canadian SMID Cap Index ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.