Is PIMCO Monthly Income Fund (Canada) halal to invest in?

As of September 2026, PIMCO Monthly Income Fund (Canada) PMIF.U.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 PIMCO Monthly Income Fund (Canada) 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 PIMCO Monthly Income Fund (Canada) using these criteria to determine its compliance status.

How often is the Shariah compliance for PIMCO Monthly Income Fund (Canada) updated?

The Shariah compliance status of PIMCO Monthly Income Fund (Canada) may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like PIMCO Monthly Income Fund (Canada) 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 PIMCO Monthly Income Fund (Canada)?

You can check the latest Shariah compliance status of PIMCO Monthly Income Fund (Canada) on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

PIMCO Monthly Income Fund (Canada) PMIF.U.TO

PMIF.U.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, PIMCO Monthly Income Fund (Canada) is classified as not halal.

NOT HALAL

Is PIMCO Monthly Income Fund (Canada) ETF Halal?

Shariah Compliance Analysis of PMIF.U.TO ETF

CA Fixed Income Broad Credit

No. As of September 2026, PIMCO Monthly Income Fund (Canada) (PMIF.U.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. PIMCO Monthly Income Fund (Canada) does not pass Musaffa's business and financial screening criteria.

PMIF.U.TO was created on 2018-09-28 by PIMCO. The fund's investment portfolio concentrates primarily on broad credit fixed income. The fund is an actively-managed bond fund that invests in a global portfolio of bonds with varying credit ratings and issuers. The bonds are non-CAD-denominated with a portfolio duration of eight years or less.

PIMCO Monthly Income Fund (Canada) (PMIF.U.TO) Chart

Key Statistics of PIMCO Monthly Income Fund (Canada) (PMIF.U.TO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for PIMCO Monthly Income Fund (Canada) (PMIF.U.TO)

As of September 2026, PIMCO Monthly Income Fund (Canada) PMIF.U.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 PIMCO Monthly Income Fund (Canada) using these criteria to determine its compliance status.
The Shariah compliance status of PIMCO Monthly Income Fund (Canada) 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 PIMCO Monthly Income Fund (Canada) on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.