Is Mackenzie Ivy Global Equity ETF halal to invest in?

As of September 2026, Mackenzie Ivy Global Equity ETF MIVG.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.

Is Mackenzie Ivy Global Equity ETF a Shariah-compliant ETF?

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 Mackenzie Ivy Global Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Mackenzie Ivy Global Equity ETF updated?

The Shariah compliance status of Mackenzie Ivy Global Equity ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Mackenzie Ivy Global Equity ETF become non-compliant?

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.

Where can I check the Shariah status of Mackenzie Ivy Global Equity ETF?

You can check the latest Shariah compliance status of Mackenzie Ivy Global Equity ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Mackenzie Ivy Global Equity ETF MIVG.TO

MIVG.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Mackenzie Ivy Global Equity ETF is classified as not halal.

NOT HALAL

Is Mackenzie Ivy Global Equity ETF Halal?

Shariah Compliance Analysis of MIVG.TO ETF

CA Equity Total Market

No. As of September 2026, Mackenzie Ivy Global Equity ETF (MIVG.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mackenzie Ivy Global Equity ETF does not pass Musaffa's business and financial screening criteria.

MIVG.TO was created on 2017-11-22 by Mackenzie. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 27.08m in AUM and 42 holdings. The fund is an actively managed fund that invests in developed and emerging markets equities.

Mackenzie Ivy Global Equity ETF (MIVG.TO) Chart

Key Statistics of Mackenzie Ivy Global Equity ETF (MIVG.TO)

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FAQ's for Mackenzie Ivy Global Equity ETF (MIVG.TO)

As of September 2026, Mackenzie Ivy Global Equity ETF MIVG.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 Mackenzie Ivy Global Equity ETF using these criteria to determine its compliance status.
The Shariah compliance status of Mackenzie Ivy Global Equity 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 Mackenzie Ivy Global Equity ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.