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Purpose Core Income Equity Fund RDE.NE

Is Purpose Core Income Equity Fund ETF Halal?

Shariah Compliance Analysis of RDE.NE ETF

No. As of October 2026, Purpose Core Income Equity Fund (RDE.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

RDE.NE was created on 2017-05-11 by Purpose. The fund's investment portfolio concentrates primarily on large cap equity. The fund is an actively-managed fund of large-cap, dividend-paying stocks of mainly Canadian issuers.

RDE.NE Shariah Compliance

As of October 2026, Purpose Core Income Equity Fund is classified as not halal.

NOT HALAL

Purpose Core Income Equity Fund (RDE.NE) Chart

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