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Mackenzie Floating Rate Income ETF MFT.TO

Is Mackenzie Floating Rate Income ETF Halal?

Shariah Compliance Analysis of MFT.TO ETF

No. As of October 2026, Mackenzie Floating Rate Income ETF (MFT.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

MFT.TO was created on 2016-04-19 by Mackenzie. The fund's investment portfolio concentrates primarily on high yield fixed income. The fund is an actively managed fund that invests in floating-rate, high-yield debt securities of issuers located anywhere in the world.

MFT.TO Shariah Compliance

As of October 2026, Mackenzie Floating Rate Income ETF is classified as not halal.

NOT HALAL

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