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Caldwell US Dividend Advantage Fund Trust Units UDA.TO

Is Caldwell US Dividend Advantage Fund Trust Units ETF Halal?

Shariah Compliance Analysis of UDA.TO ETF

No. As of October 2026, Caldwell US Dividend Advantage Fund Trust Units (UDA.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

UDA.TO was created on 2020-03-12 by Caldwell. The fund's investment portfolio concentrates primarily on total market equity. The fund is an actively managed, concentrated portfolio of dividend-paying US stocks, selected for attractive valuations and dividend growth.

UDA.TO Shariah Compliance

As of October 2026, Caldwell US Dividend Advantage Fund Trust Units is classified as not halal.

NOT HALAL

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