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Purpose US Cash Fund PSU.U.TO

Is Purpose US Cash Fund ETF Halal?

Shariah Compliance Analysis of PSU.U.TO ETF

No. As of October 2026, Purpose US Cash Fund (PSU.U.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

PSU.U.TO was created on 2016-02-23 by Purpose. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 855.67m in AUM and 1 holdings. The fund takes an active approach to invest in Canadian high-interest deposit accounts and money market securities, generally with maturity not exceeding one year.

PSU.U.TO Shariah Compliance

As of October 2026, Purpose US Cash Fund is classified as not halal.

NOT HALAL

Purpose US Cash Fund (PSU.U.TO) Chart

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