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Mackenzie Maximum Diversification US Index ETF MUS.TO

Is Mackenzie Maximum Diversification US Index ETF Halal?

Shariah Compliance Analysis of MUS.TO ETF

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

MUS.TO was created on 2016-06-21 by Mackenzie. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 64.03m in AUM and 169 holdings. The fund tracks an index of US equity securities, excluding those with business practices that contradict certain socially responsible investment values. The fund is optimized to maximize a proprietary measure of diversification.

MUS.TO Shariah Compliance

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

NOT HALAL

Mackenzie Maximum Diversification US Index ETF (MUS.TO) Chart

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