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RBC Target 2024 Canadian Corporate Bond Index ETF RQL.TO

Is RBC Target 2024 Canadian Corporate Bond Index ETF Halal?

Shariah Compliance Analysis of RQL.TO ETF

No. As of October 2026, RBC Target 2024 Canadian Corporate Bond Index ETF (RQL.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

RQL.TO was created on 2018-09-12 by RBC. The fund's investment portfolio concentrates primarily on investment grade fixed income. The fund tracks a Canadian corporate bond index designed to provide income until its maturity date in November 2024. Bonds are rated investment grade.

RQL.TO Shariah Compliance

As of October 2026, RBC Target 2024 Canadian Corporate Bond Index ETF is classified as not halal.

NOT HALAL

RBC Target 2024 Canadian Corporate Bond Index ETF (RQL.TO) Chart

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