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Purpose High Interest Savings Fund PSA.TO

Is Purpose High Interest Savings Fund ETF Halal?

Shariah Compliance Analysis of PSA.TO ETF

No. As of October 2026, Purpose High Interest Savings Fund (PSA.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

PSA.TO was created on 2013-10-15 by Purpose. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 3227.74m in AUM and 7 holdings. The fund takes an active approach to invest in high interest deposit accounts with one or more Charted Banks and/or Canadian Credit unions.

PSA.TO Shariah Compliance

As of October 2026, Purpose High Interest Savings Fund is classified as not halal.

NOT HALAL

Purpose High Interest Savings Fund (PSA.TO) Chart

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