Is Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- halal to invest in?

As of September 2026, Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- QQQT.TO is classified as doubtful 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 Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- 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 Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- using these criteria to determine its compliance status.

How often is the Shariah compliance for Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- updated?

The Shariah compliance status of Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Where can I check the Shariah status of Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged-?

You can check the latest Shariah compliance status of Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- QQQT.TO

QQQT.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- is classified as doubtful.

DOUBTFUL

Is Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- ETF Halal?

Shariah Compliance Analysis of QQQT.TO ETF

CA Equity Information Technology

No. As of September 2026, Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- (QQQT.TO) is classified as DOUBTFUL by Musaffa under its AAOIFI-based Shariah screening methodology. Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- does not fully pass Musaffa's business and financial screening criteria.

QQQT.TO was created on 2023-07-12 by Evolve. The fund's investment portfolio concentrates primarily on information technology equity. The ETF currently has 154.06m in AUM and 49 holdings. The fund tracks a market cap-weighted index of the largest Nasdaq-listed technology stocks. The fund trades in CAD.

Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- (QQQT.TO) Chart

Key Statistics of Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- (QQQT.TO)

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FAQ's for Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- (QQQT.TO)

As of September 2026, Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- QQQT.TO is classified as doubtful 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 Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- using these criteria to determine its compliance status.
The Shariah compliance status of Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- 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 Evolve NASDAQ Technology Index Fund CAD Trust Units -Hedged- on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.