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Mackenzie Maximum Diversification Canada Index ETF MKC.TO

Is Mackenzie Maximum Diversification Canada Index ETF Halal?

Shariah Compliance Analysis of MKC.TO ETF

No. As of October 2026, Mackenzie Maximum Diversification Canada Index ETF (MKC.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

MKC.TO was created on 2016-06-21 by Mackenzie. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 99.06m in AUM and 85 holdings. The fund tracks an index of Canadian equity securities, selected and weighted according to size and liquidity requirements.

MKC.TO Shariah Compliance

As of October 2026, Mackenzie Maximum Diversification Canada Index ETF is classified as not halal.

NOT HALAL

Mackenzie Maximum Diversification Canada Index ETF (MKC.TO) Chart

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