Is Vanguard FTSE Canadian High Dividend Yield Index ETF halal to invest in?

As of August 2026, Vanguard FTSE Canadian High Dividend Yield Index ETF VDY.TO is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Vanguard FTSE Canadian High Dividend Yield Index ETF a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Vanguard FTSE Canadian High Dividend Yield Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Vanguard FTSE Canadian High Dividend Yield Index ETF updated?

The Shariah compliance status of Vanguard FTSE Canadian High Dividend Yield Index ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Where can I check the Shariah status of Vanguard FTSE Canadian High Dividend Yield Index ETF?

You can check the latest Shariah compliance status of Vanguard FTSE Canadian High Dividend Yield Index ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Vanguard FTSE Canadian High Dividend Yield Index ETF VDY.TO

VDY.TO Shariah Compliance

Screening Methodology: AAOIFI

As of August 2026, Vanguard FTSE Canadian High Dividend Yield Index ETF is classified as not halal.

NOT HALAL

Vanguard FTSE Canadian High Dividend Yield Index ETF. Analysis VDY.TO

CA Equity High Dividend Yield

VDY.TO was created on 2012-11-02 by Vanguard. The fund's investment portfolio concentrates primarily on high dividend yield equity. The fund tracks a market-cap-weighted index of large-, mid-, and small-cap Canadian stocks with above-average forecasted dividend yields.

Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) Chart

Key Statistics of Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO)

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FAQ's for Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO)

As of August 2026, Vanguard FTSE Canadian High Dividend Yield Index ETF VDY.TO is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Vanguard FTSE Canadian High Dividend Yield Index ETF using these criteria to determine its compliance status.
The Shariah compliance status of Vanguard FTSE Canadian High Dividend Yield Index ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of Vanguard FTSE Canadian High Dividend Yield Index ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.