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Purpose US Preferred Share Fund Trust Units -Non-Currency Hedged- RPU.B.NE

Is Purpose US Preferred Share Fund Trust Units -Non-Currency Hedged- ETF Halal?

Shariah Compliance Analysis of RPU.B.NE ETF

No. As of October 2026, Purpose US Preferred Share Fund Trust Units -Non-Currency Hedged- (RPU.B.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

RPU.B.NE was created on 2017-03-15 by Purpose. The fund's investment portfolio concentrates primarily on investment grade fixed income. The fund is an actively managed fund that invests predominantly in US investment grade preferred shares. The fund can invest up to 25% in high-yields. The fund is CAD-hedged.

RPU.B.NE Shariah Compliance

As of October 2026, Purpose US Preferred Share Fund Trust Units -Non-Currency Hedged- is classified as not halal.

NOT HALAL

Purpose US Preferred Share Fund Trust Units -Non-Currency Hedged- (RPU.B.NE) Chart

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