Is Sustainable Innovation & Health Dividend Fund halal to invest in?

According to Musaffa's Shariah screening methodology, Sustainable Innovation & Health Dividend Fund (SIH.UN.TO) is currently classified as DOUBTFUL as of October 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Sustainable Innovation & Health Dividend Fund a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Sustainable Innovation & Health Dividend Fund using these criteria to determine its compliance status.

Can Muslims buy shares of Sustainable Innovation & Health Dividend Fund?

Muslim investors may consider investing in Sustainable Innovation & Health Dividend Fund if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Sustainable Innovation & Health Dividend Fund classified as DOUBTFUL?

Musaffa determines the Shariah status of Sustainable Innovation & Health Dividend Fund by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Sustainable Innovation & Health Dividend Fund updated?

The Shariah compliance status of Sustainable Innovation & Health Dividend Fund may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Sustainable Innovation & Health Dividend Fund become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Sustainable Innovation & Health Dividend Fund?

You can check the latest Shariah compliance status of Sustainable Innovation & Health Dividend Fund on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

SIH.UN.TO Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: October 27, 2025

Report Source: 2025 2nd Quarter Report

Sustainable Innovation & Health Dividend Fund. Stock Analysis SIH.UN.TO

Canada N/A Nano Cap Report: Q2, 2025

Sustainable Innovation & Health Dividend Fund is a CA-based company operating in industry. The company is headquartered in Toronto, Ontario. The company went IPO on 2020-08-14. Sustainable Innovation & Health Dividend Fund (the Fund) is a Canada-based closed-ended investment trust. The Fund's investment objectives are to provide holders of units with stable monthly cash distributions and enhanced long-term total return through capital appreciation of the Fund's investment portfolio. The Fund primarily focuses on investing in a diversified, actively managed portfolio of dividend-paying securities of global technology and healthcare companies. The Fund invests in a portfolio of sectors, including healthcare, technology, real estate, communication services, consumer discretionary, and cash and short-term investments. The Fund's trustee and investment manager is Middlefield Limited.

Key Statistics of Sustainable Innovation & Health Dividend Fund (SIH.UN.TO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

CAD15.42CAD15.43

Today's Open

CAD15.42

Volume

200.00

P/E Ratio (TTM)

35.33

52 Week Range

CAD12.73CAD15.43

Market Cap

24.34M

Avg. Volume

1096.38

Dividend Yield

3.07%

Financial Metrics & Statements of Sustainable Innovation & Health Dividend Fund (SIH.UN.TO)

FAQ's for Sustainable Innovation & Health Dividend Fund (SIH.UN.TO)

According to Musaffa’s Shariah screening methodology, Sustainable Innovation & Health Dividend Fund (SIH.UN.TO) is currently classified as DOUBTFUL as of October 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.