Is CI RAFI Canadian Index ETF Trust Units halal to invest in?

As of September 2026, CI RAFI Canadian Index ETF Trust Units PXC.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 CI RAFI Canadian Index ETF Trust Units 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 CI RAFI Canadian Index ETF Trust Units using these criteria to determine its compliance status.

How often is the Shariah compliance for CI RAFI Canadian Index ETF Trust Units updated?

The Shariah compliance status of CI RAFI Canadian Index ETF Trust Units may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like CI RAFI Canadian Index ETF Trust Units 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 CI RAFI Canadian Index ETF Trust Units?

You can check the latest Shariah compliance status of CI RAFI Canadian Index ETF Trust Units on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

CI RAFI Canadian Index ETF Trust Units PXC.TO

PXC.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, CI RAFI Canadian Index ETF Trust Units is classified as not halal.

NOT HALAL

Is CI RAFI Canadian Index ETF Trust Units Halal?

Shariah Compliance Analysis of PXC.TO ETF

CA Equity Total Market

No. As of September 2026, CI RAFI Canadian Index ETF Trust Units (PXC.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. CI RAFI Canadian Index ETF Trust Units does not pass Musaffa's business and financial screening criteria.

PXC.TO was created on 2012-01-10 by Invesco. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 261.74m in AUM and 101 holdings. The fund tracks an index of Canadian equities selected based on fundamental factors such as dividends, cash flow, sales, and book value.

CI RAFI Canadian Index ETF Trust Units (PXC.TO) Chart

Key Statistics of CI RAFI Canadian Index ETF Trust Units (PXC.TO)

Today's Open

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Avg. Volume

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FAQ's for CI RAFI Canadian Index ETF Trust Units (PXC.TO)

As of September 2026, CI RAFI Canadian Index ETF Trust Units PXC.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 CI RAFI Canadian Index ETF Trust Units using these criteria to determine its compliance status.
The Shariah compliance status of CI RAFI Canadian Index ETF Trust Units 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 CI RAFI Canadian Index ETF Trust Units on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.