Is NCM Core Global ETF halal to invest in?

As of September 2026, NCM Core Global ETF NCG.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 NCM Core Global 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 NCM Core Global ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for NCM Core Global ETF updated?

The Shariah compliance status of NCM Core Global 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 NCM Core Global 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 NCM Core Global ETF?

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

NCM Core Global ETF NCG.TO

NCG.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, NCM Core Global ETF is classified as not halal.

NOT HALAL

Is NCM Core Global ETF Halal?

Shariah Compliance Analysis of NCG.TO ETF

CA Equity Total Market

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

NCG.TO was created on 2020-09-08 by NCM. The fund's investment portfolio concentrates primarily on total market equity. The Fund will seek to achieve long-term capital appreciation by investing primarily in global equity securities.

NCM Core Global ETF (NCG.TO) Chart

Key Statistics of NCM Core Global ETF (NCG.TO)

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FAQ's for NCM Core Global ETF (NCG.TO)

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