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Global X Equal Weight Canadian Utilities Index ETF Class A UTIL.TO

Is Global X Equal Weight Canadian Utilities Index ETF Class A Halal?

Shariah Compliance Analysis of UTIL.TO ETF

No. As of October 2026, Global X Equal Weight Canadian Utilities Index ETF Class A (UTIL.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

UTIL.TO was created on 2022-08-09 by Global X. The fund's investment portfolio concentrates primarily on utilities equity. The fund tracks an equal-weighted index of high dividend-paying Canadian utility companies.

UTIL.TO Shariah Compliance

As of October 2026, Global X Equal Weight Canadian Utilities Index ETF Class A is classified as not halal.

NOT HALAL

Global X Equal Weight Canadian Utilities Index ETF Class A (UTIL.TO) Chart

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