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RBC U.S. Banks Yield Index ETF RUBY.TO

Is RBC U.S. Banks Yield Index ETF Halal?

Shariah Compliance Analysis of RUBY.TO ETF

No. As of October 2026, RBC U.S. Banks Yield Index ETF (RUBY.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

RUBY.TO was created on 2018-05-15 by RBC. The fund's investment portfolio concentrates primarily on financials equity. The ETF currently has 6.04m in AUM and 22 holdings. The fund tracks an index of US banking companies, weighted by dividend yield in tier.

RUBY.TO Shariah Compliance

As of October 2026, RBC U.S. Banks Yield Index ETF is classified as not halal.

NOT HALAL

RBC U.S. Banks Yield Index ETF (RUBY.TO) Chart

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