Is Mackenzie Global Women's Leadership ETF halal to invest in?

As of September 2026, Mackenzie Global Women's Leadership ETF MWMN.NE 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 Global Women's Leadership 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 Global Women's Leadership ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Mackenzie Global Women's Leadership ETF updated?

The Shariah compliance status of Mackenzie Global Women's Leadership 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 Global Women's Leadership 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 Global Women's Leadership ETF?

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

Mackenzie Global Women's Leadership ETF MWMN.NE

MWMN.NE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Mackenzie Global Women's Leadership ETF is classified as not halal.

NOT HALAL

Is Mackenzie Global Women's Leadership ETF Halal?

Shariah Compliance Analysis of MWMN.NE ETF

CA Equity Total Market

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

MWMN.NE was created on 2017-12-04 by Mackenzie. The fund's investment portfolio concentrates primarily on total market equity. The fund is an actively managed fund that invests in companies that promote gender equality. The fund can invest anywhere in the world.

Mackenzie Global Women's Leadership ETF (MWMN.NE) Chart

Key Statistics of Mackenzie Global Women's Leadership ETF (MWMN.NE)

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FAQ's for Mackenzie Global Women's Leadership ETF (MWMN.NE)

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