TD Global Technology Leaders CAD Hedged Index ETF CAD Hedge TECX.TO
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TECX.TO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, TD Global Technology Leaders CAD Hedged Index ETF CAD Hedge is classified as doubtful.
DOUBTFUL
Is TD Global Technology Leaders CAD Hedged Index ETF CAD Hedge Halal?
Shariah Compliance Analysis of TECX.TO ETF
CA Equity Theme No. As of September 2026, TD Global Technology Leaders CAD Hedged Index ETF CAD Hedge (TECX.TO) is classified as DOUBTFUL by Musaffa under its AAOIFI-based Shariah screening methodology. TD Global Technology Leaders CAD Hedged Index ETF CAD Hedge does not fully pass Musaffa's business and financial screening criteria.
TECX.TO was created on 2023-04-20 by TD. The fund's investment portfolio concentrates primarily on theme equity. The fund tracks anindex composed ofmid- and large-cap technology and technology-related companies from developed markets. The fund invests all its assets in units of the TD Global Technology Leaders ETF and through derivatives, aims to mitigate therisks tied to itsforeign currency exposure.
TD Global Technology Leaders CAD Hedged Index ETF CAD Hedge (TECX.TO) Chart
Key Statistics of TD Global Technology Leaders CAD Hedged Index ETF CAD Hedge (TECX.TO)
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-FAQ's for TD Global Technology Leaders CAD Hedged Index ETF CAD Hedge (TECX.TO)
- As of September 2026, TD Global Technology Leaders CAD Hedged Index ETF CAD Hedge TECX.TO is classified as doubtful according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes TD Global Technology Leaders CAD Hedged Index ETF CAD Hedge using these criteria to determine its compliance status.
- The Shariah compliance status of TD Global Technology Leaders CAD Hedged Index ETF CAD Hedge may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
- Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
- You can check the latest Shariah compliance status of TD Global Technology Leaders CAD Hedged Index ETF CAD Hedge on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.