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Scotia US Equity Index Tracker ETF SITU.NE

Is Scotia US Equity Index Tracker ETF Halal?

Shariah Compliance Analysis of SITU.NE ETF

No. As of October 2026, Scotia US Equity Index Tracker ETF (SITU.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SITU.NE was created on 2020-10-19 by Scotia. The fund's investment portfolio concentrates primarily on large cap equity. The fund tracks a market-cap-weighted index of US large-cap equities. The index is a net total return version in Canadian dollars.

SITU.NE Shariah Compliance

As of October 2026, Scotia US Equity Index Tracker ETF is classified as not halal.

NOT HALAL

Scotia US Equity Index Tracker ETF (SITU.NE) Chart

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