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Purpose US Dividend Fund - ETF Non-Currency Hedged Units PUD.B.TO

Is Purpose US Dividend Fund - ETF Non-Currency Hedged Units Halal?

Shariah Compliance Analysis of PUD.B.TO ETF

No. As of October 2026, Purpose US Dividend Fund - ETF Non-Currency Hedged Units (PUD.B.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

PUD.B.TO was created on 2014-11-24 by Purpose. The fund's investment portfolio concentrates primarily on total market equity. The fund seeks to provide unitholders with (i) long-term capital appreciation through investment in a portfolio of high quality U.S. listed dividend-paying equity securities, and (ii) monthly distributions.

PUD.B.TO Shariah Compliance

As of October 2026, Purpose US Dividend Fund - ETF Non-Currency Hedged Units is classified as not halal.

NOT HALAL

Purpose US Dividend Fund - ETF Non-Currency Hedged Units (PUD.B.TO) Chart

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