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Manulife Smart US Defensive Equity ETF Trust Units -Hedged- UDEF.TO

Is Manulife Smart US Defensive Equity ETF Trust Units -Hedged- Halal?

Shariah Compliance Analysis of UDEF.TO ETF

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

UDEF.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.TO Shariah Compliance

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

NOT HALAL

Manulife Smart US Defensive Equity ETF Trust Units -Hedged- (UDEF.TO) Chart

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