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Purpose US Dividend Fund PUD.TO

Is Purpose US Dividend Fund ETF Halal?

Shariah Compliance Analysis of PUD.TO ETF

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

PUD.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.TO Shariah Compliance

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

NOT HALAL

Purpose US Dividend Fund (PUD.TO) Chart

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