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Purpose Enhanced Dividend Fund

PDIV.TO

Purpose Investments

Purpose Enhanced Dividend Fund (PDIV.TO) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 77.70%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)Not halalCoverage: 77.70%
  • Halal 23.22%
  • Doubtful 1.79%
  • Not halal 52.69%
  • Not rated 22.30%

The bar is scaled to fit; the figures are as reported, and the buckets do not always total 100%.

Coverage is the share of the fund's weight we hold a usable verdict for. Below 95%, a fund is rated only when the weight we can see already breaches the 5% limit; otherwise it is not rated by this method.

Fund facts

Issuer
Purpose Investments
Venue (where it trades)
Canada
Domicile (where it is registered)
Canada
Reporting currency
CAD
Expense ratio
0.65%
AUM
257.80M CAD
Holdings
62 (59 screened)
Basket as of (provider)
23 Oct 2026
Basket fetched by Akinda
26 Oct 2026
Verdict updated
3 Nov 2026

Venue is where a fund trades; domicile is where it is registered. London-listed funds are domiciled in Ireland or Luxembourg, so use Venue for UK ETFs.

Five rulebooks

RulebookVerdictHalalNot halalSplit (0–100%)
Akinda fund screen (AAOIFI)Not halal23.22%52.69%
DJIMNot halal26.86%50.10%
FTSENot halal15.21%62.18%
MSCINot halal15.21%62.18%
S&PNot halal24.27%52.69%

Every bar uses the same 0–100% scale. Index rulebooks report only halal and not-halal weight; uncoloured weight is weight that rulebook does not classify. Coverage is published for the Akinda fund screen only.

The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.

Holdings

1–50 of 62 holdings, largest first · basket as of 23 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
TD.TOToronto-Dominion Bank
4.69%Not halalNot halalNot halalNot halalNot halal
2
BNS.TOThe Bank of Nova Scotia
4.16%Not halalNot halalNot halalNot halalNot halal
3
RY.TORoyal Bank Of Canada
3.89%Not halalNot halalNot halalNot halalNot halal
4
CM.TOCanadian Imperial Bank Of Commerce
3.62%Not halalNot halalNot halalNot halalNot halal
5
MFC.TOManulife Financial Corp
3.49%Not halalNot halalNot halalNot halalNot halal
6
ENB.TOEnbridge Inc.
3.03%Not halalNot halalNot halalNot halalNot halal
7
POW.TOPower Corporation Of Canada, SV
2.67%Not halalNot halalNot halalNot halalNot halal
8
WCP.TOWhitecap Resources Inc.
2.59%Not halalHalalHalalHalalNot halal
9
TRP.TOTC Energy Corporation
2.39%Not halalNot halalNot halalNot halalNot halal
10
CNR.TOCanadian National Railway Company
2.33%HalalHalalNot halalNot halalHalal
11
ABBVAbbVie Inc
2.31%HalalHalalNot halalNot halalHalal
12
NVDANvidia Corporation
2.30%HalalHalalHalalHalalHalal
13
SHOP.TOShopify Inc.
2.30%HalalHalalNot halalNot halalHalal
14
BMO.TOBank Of Montreal
2.19%Not halalNot halalNot halalNot halalNot halal
15
PPL.TOPembina Pipeline Corporation
2.15%Not halalNot halalNot halalNot halalNot halal
16
SLF.TOSun Life Financial Inc.
1.81%Not halalNot halalNot halalNot halalNot halal
17
IGM.TOIgm Financial Inc.
1.74%Not halalNot halalNot halalNot halalNot halal
18
MSFTMicrosoft Corporation
1.71%HalalHalalHalalHalalHalal
19
MG.TOMagna International Inc.
1.69%Not halalNot halalHalalHalalNot halal
20
CSCOCisco Systems Inc
1.65%HalalHalalHalalHalalHalal
21
LUG.TOLundin Gold Inc.
1.46%HalalHalalNot halalNot halalHalal
22
CTC-A.TOCanadian Tire Corporation Limited, Class "A" Nv
1.40%Not halalNot halalNot halalNot halalNot halal
23
BCE.TOBCE Inc.
1.39%Not halalNot halalNot halalNot halalNot halal
24
H.TOHydro One Limited
1.37%Not halalNot halalNot halalNot halalNot halal
25
TOU.TOTourmaline Oil Corp.
1.37%HalalHalalHalalHalalHalal
26
JNJJohnson & Johnson
1.34%HalalHalalHalalHalalHalal
27
CCHGYCoca-Cola Co
1.23%Not ratedNot ratedNot ratedNot ratedNot rated
28
UNPUnion Pacific Corp
1.21%HalalHalalNot halalNot halalHalal
29
NTR.TONutrien Ltd
1.16%Not halalNot halalHalalHalalNot halal
30
BMYBristol-Myers Squibb Co
1.07%Not halalNot halalNot halalNot halalNot halal
31
LMTLockheed Martin Corp
1.05%DoubtfulHalalNot halalNot halalHalal
32
MRKMerck & Co Inc
1.00%HalalHalalNot halalNot halalHalal
33
EMA.TOEmera Inc.
0.94%Not halalNot halalNot halalNot halalNot halal
34
PGHL.BOProcter & Gamble Co
0.84%Not ratedNot ratedNot ratedNot ratedNot rated
35
RCI-A.TORogers Communications Inc., Class ''B'"
0.84%Not halalNot halalNot halalNot halalNot halal
36
TXNTexas Instruments Inc
0.76%HalalHalalNot halalNot halalHalal
37
MCDMcDonald's Corp
0.69%HalalHalalNot halalNot halalHalal
38
BAM.TOBrookfield Asset Management Ltd
0.67%Not halalNot halalNot halalNot halalNot halal
39
CATCaterpillar Inc
0.66%HalalHalalNot halalNot halalHalal
40
GILDGilead Sciences Inc
0.66%HalalHalalNot halalNot halalHalal
41
NA.TONational Bank Of Canada
0.61%Not halalNot halalNot halalNot halalNot halal
42
GWO.TOGreat-West Lifeco Inc.
0.56%Not halalNot halalNot halalNot halalNot halal
43
OTEX.TOOpen Text Corporation
0.54%Not halalNot halalNot halalNot halalNot halal
44
FTS.TOFortis Inc.
0.46%Not halalNot halalNot halalNot halalNot halal
45
CU-X.TOCanadian Utilities Limited, Class "A"
0.44%Not ratedNot ratedNot ratedNot ratedNot rated
46
GIL.TOGildan Activewear Inc.
0.43%Not halalNot halalNot halalNot halalNot halal
47
IBMInternational Business Machines Corp
0.43%DoubtfulNot ratedNot halalNot halalNot rated
48
AEM.TOAgnico Eagle Mines Limited
0.41%HalalHalalHalalHalalHalal
49
CCL-A.TOCcl Industries Inc.
0.37%HalalHalalHalalHalalHalal
50
ITWIllinois Tool Works Inc.
0.35%HalalHalalNot halalNot halalHalal

Not rated means we hold no usable verdict for that company; it is never treated as compliant.

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