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CI U.S. MidCap Dividend Index ETF Trust Units Hedged UMI.TO

Is CI U.S. MidCap Dividend Index ETF Trust Units Hedged Halal?

Shariah Compliance Analysis of UMI.TO ETF

No. As of October 2026, CI U.S. MidCap Dividend Index ETF Trust Units Hedged (UMI.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

UMI.TO was created on 2020-08-31 by CI. The fund's investment portfolio concentrates primarily on mid cap equity. The fund tracks a dividend-selected and -weighted index of US mid-cap stocks.

UMI.TO Shariah Compliance

As of October 2026, CI U.S. MidCap Dividend Index ETF Trust Units Hedged is classified as not halal.

NOT HALAL

CI U.S. MidCap Dividend Index ETF Trust Units Hedged (UMI.TO) Chart

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