
Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
Pricing
Company
About Musaffa
Investors
Build with us

Mackenzie US Investment Grade Corporate Bond Index ETF CAD Hed QUIG.TO
QUIG.TO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Mackenzie US Investment Grade Corporate Bond Index ETF CAD Hed is classified as not halal.
NOT HALAL
Is Mackenzie US Investment Grade Corporate Bond Index ETF CAD Hed Halal?
Shariah Compliance Analysis of QUIG.TO ETF
No. As of September 2026, Mackenzie US Investment Grade Corporate Bond Index ETF CAD Hed (QUIG.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mackenzie US Investment Grade Corporate Bond Index ETF CAD Hed does not pass Musaffa's business and financial screening criteria.
QUIG.TO was created on 2018-01-29 by Mackenzie. The fund's investment portfolio concentrates primarily on investment grade fixed income. The fund tracks a market-value-weighted index of US investment-grade corporate bonds.
Mackenzie US Investment Grade Corporate Bond Index ETF CAD Hed (QUIG.TO) Chart
Key Statistics of Mackenzie US Investment Grade Corporate Bond Index ETF CAD Hed (QUIG.TO)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-FAQ's for Mackenzie US Investment Grade Corporate Bond Index ETF CAD Hed (QUIG.TO)
- As of September 2026, Mackenzie US Investment Grade Corporate Bond Index ETF CAD Hed QUIG.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 Mackenzie US Investment Grade Corporate Bond Index ETF CAD Hed using these criteria to determine its compliance status.
- The Shariah compliance status of Mackenzie US Investment Grade Corporate Bond Index ETF CAD Hed 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 Mackenzie US Investment Grade Corporate Bond Index ETF CAD Hed on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
