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Purpose International Enhanced Equity Income Fund PHW.TO

Is Purpose International Enhanced Equity Income Fund ETF Halal?

Shariah Compliance Analysis of PHW.TO ETF

No. As of October 2026, Purpose International Enhanced Equity Income Fund (PHW.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

PHW.TO was created on 2015-04-16 by Purpose. The fund's investment portfolio concentrates primarily on total market equity. The fund is an actively-managed fund of Developed Ex-North American companies selected based on a multi-factor screen. The fund may also hedge its portfolio to reduce overall market risk.

PHW.TO Shariah Compliance

As of October 2026, Purpose International Enhanced Equity Income Fund is classified as not halal.

NOT HALAL

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