Musaffa Logo
Mackenzie GQE World Low Volatility ETF MWLV.TO

Is Mackenzie GQE World Low Volatility ETF Halal?

Shariah Compliance Analysis of MWLV.TO ETF

No. As of October 2026, Mackenzie GQE World Low Volatility ETF (MWLV.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

MWLV.TO was created on 2024-02-20 by Mackenzie. The fund's investment portfolio concentrates primarily on total market equity. The fund is actively managed to invest in large- and mid-cap stocks from developed markets, while aiming for lower volatility.

MWLV.TO Shariah Compliance

As of October 2026, Mackenzie GQE World Low Volatility ETF is classified as not halal.

NOT HALAL

Mackenzie GQE World Low Volatility ETF (MWLV.TO) Chart

Fetching Price Chart...