Mackenzie US Large Cap Equity Index ETF Trust Units Series -E- QUU.TO
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QUU.TO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Mackenzie US Large Cap Equity Index ETF Trust Units Series -E- is classified as not halal.
NOT HALAL
Is Mackenzie US Large Cap Equity Index ETF Trust Units Series -E- Halal?
Shariah Compliance Analysis of QUU.TO ETF
CA Equity Large Cap No. As of September 2026, Mackenzie US Large Cap Equity Index ETF Trust Units Series -E- (QUU.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mackenzie US Large Cap Equity Index ETF Trust Units Series -E- does not pass Musaffa's business and financial screening criteria.
QUU.TO was created on 2018-01-24 by Mackenzie. The fund's investment portfolio concentrates primarily on large cap equity. The fund tracks a market-cap-weighted index of large-cap US stocks.
Mackenzie US Large Cap Equity Index ETF Trust Units Series -E- (QUU.TO) Chart
Key Statistics of Mackenzie US Large Cap Equity Index ETF Trust Units Series -E- (QUU.TO)
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-FAQ's for Mackenzie US Large Cap Equity Index ETF Trust Units Series -E- (QUU.TO)
- As of September 2026, Mackenzie US Large Cap Equity Index ETF Trust Units Series -E- QUU.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 Large Cap Equity Index ETF Trust Units Series -E- using these criteria to determine its compliance status.
- The Shariah compliance status of Mackenzie US Large Cap Equity Index ETF Trust Units Series -E- 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 Large Cap Equity Index ETF Trust Units Series -E- on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.