Is Purpose Core Dividend Fund halal to invest in?

As of September 2026, Purpose Core Dividend Fund PDF.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 Purpose Core Dividend Fund 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 Purpose Core Dividend Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for Purpose Core Dividend Fund updated?

The Shariah compliance status of Purpose Core Dividend Fund may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Purpose Core Dividend Fund 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 Purpose Core Dividend Fund?

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

Purpose Core Dividend Fund PDF.TO

PDF.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Purpose Core Dividend Fund is classified as not halal.

NOT HALAL

Is Purpose Core Dividend Fund ETF Halal?

Shariah Compliance Analysis of PDF.TO ETF

CA Equity Total Market

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

PDF.TO was created on 2013-09-03 by Purpose. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 250.24m in AUM and 53 holdings. The fund is an actively-managed fund of high quality North American dividend-paying equity securities.

Purpose Core Dividend Fund (PDF.TO) Chart

Key Statistics of Purpose Core Dividend Fund (PDF.TO)

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FAQ's for Purpose Core Dividend Fund (PDF.TO)

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