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Mackenzie Global Sustainable Dividend Index ETF Trust Units MDVD.TO

Is Mackenzie Global Sustainable Dividend Index ETF Trust Units Halal?

Shariah Compliance Analysis of MDVD.TO ETF

No. As of October 2026, Mackenzie Global Sustainable Dividend Index ETF Trust Units (MDVD.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

MDVD.TO was created on 2020-09-30 by Mackenzie. The fund's investment portfolio concentrates primarily on high dividend yield equity. The fund tracks an index that selects high-dividend-paying companies in developed markets, and weights them by market-cap. The fund is offered in CAD units.

MDVD.TO Shariah Compliance

As of October 2026, Mackenzie Global Sustainable Dividend Index ETF Trust Units is classified as not halal.

NOT HALAL

Mackenzie Global Sustainable Dividend Index ETF Trust Units (MDVD.TO) Chart

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