Is Ninepoint Cash Management Fund ETF halal to invest in?

As of September 2026, Ninepoint Cash Management Fund ETF NSAV.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 Ninepoint Cash Management Fund 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 Ninepoint Cash Management Fund ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Ninepoint Cash Management Fund ETF updated?

The Shariah compliance status of Ninepoint Cash Management Fund 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 Ninepoint Cash Management Fund 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 Ninepoint Cash Management Fund ETF?

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

Ninepoint Cash Management Fund ETF NSAV.NE

NSAV.NE Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Ninepoint Cash Management Fund ETF is classified as not halal.

NOT HALAL

Is Ninepoint Cash Management Fund ETF Halal?

Shariah Compliance Analysis of NSAV.NE ETF

CA Fixed Income Investment Grade

No. As of September 2026, Ninepoint Cash Management Fund ETF (NSAV.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Ninepoint Cash Management Fund ETF does not pass Musaffa's business and financial screening criteria.

NSAV.NE was created on 2020-11-17 by Ninepoint. The fund's investment portfolio concentrates primarily on investment grade fixed income. The fund is actively managed to invest in high interest savings accounts offered at Schedule 1 Canadian Banks.

Ninepoint Cash Management Fund ETF (NSAV.NE) Chart

Key Statistics of Ninepoint Cash Management Fund ETF (NSAV.NE)

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FAQ's for Ninepoint Cash Management Fund ETF (NSAV.NE)

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