How often is the Shariah compliance for North Square RCIM Tax-Advantaged Preferred and Income Securities ETF updated?

The Shariah compliance status of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF 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 North Square RCIM Tax-Advantaged Preferred and Income Securities ETF?

You can check the latest Shariah compliance status of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF QTPI

QTPI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, North Square RCIM Tax-Advantaged Preferred and Income Securities ETF is classified as not halal.

NOT HALAL

Is North Square RCIM Tax-Advantaged Preferred and Income Securities ETF Halal?

Shariah Compliance Analysis of QTPI ETF

US Fixed Income Broad Credit

No. As of September 2026, North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. North Square RCIM Tax-Advantaged Preferred and Income Securities ETF does not pass Musaffa's business and financial screening criteria.

QTPI was created on 2024-12-19 by North Square. The fund's investment portfolio concentrates primarily on broad credit fixed income. QTPI is actively managed, seeking to provide high current income and long-term capital appreciation with a focus on tax-advantaged qualified dividend income. The portfolio holds preferred securities, REITs, and other income focused securities.

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI) Chart

Key Statistics of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI)

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FAQ's for North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI)

As of September 2026, North Square RCIM Tax-Advantaged Preferred and Income Securities ETF QTPI 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 North Square RCIM Tax-Advantaged Preferred and Income Securities ETF using these criteria to determine its compliance status.
The Shariah compliance status of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF 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 North Square RCIM Tax-Advantaged Preferred and Income Securities ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.