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Manulife Smart US Defensive Equity ETF Trust Unit -unhedged- UDEF.B.TO

Is Manulife Smart US Defensive Equity ETF Trust Unit -unhedged- Halal?

Shariah Compliance Analysis of UDEF.B.TO ETF

No. As of October 2026, Manulife Smart US Defensive Equity ETF Trust Unit -unhedged- (UDEF.B.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

UDEF.B.TO was created on 2021-11-10 by Manulife. The fund's investment portfolio concentrates primarily on total market equity. The fund is actively managed to hold a portfolio of US equities with low market sensitivity.

UDEF.B.TO Shariah Compliance

As of October 2026, Manulife Smart US Defensive Equity ETF Trust Unit -unhedged- is classified as not halal.

NOT HALAL

Manulife Smart US Defensive Equity ETF Trust Unit -unhedged- (UDEF.B.TO) Chart

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