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Mackenzie US Large Cap Equity Index ETF (CAD-Hedged)

QAH.TO

Mackenzie

Mackenzie US Large Cap Equity Index ETF (CAD-Hedged) (QAH.TO) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 97.93%. 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: 97.93%
  • Halal 63.90%
  • Doubtful 11.71%
  • Not halal 22.32%
  • Not rated 2.07%

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
Mackenzie
Venue (where it trades)
Canada
Domicile (where it is registered)
Canada
Reporting currency
CAD
Expense ratio
0.07%
AUM
1.21B CAD
Holdings
499 (492 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 halal63.90%22.32%
DJIMNot halal65.32%23.86%
FTSENot halal50.53%40.35%
MSCINot halal50.66%40.16%
S&PNot halal65.81%23.32%

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 499 holdings, largest first · basket as of 23 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
AAPLApple Inc
7.39%HalalHalalHalalHalalHalal
2
NVDANVIDIA CORP.
7.32%HalalHalalHalalHalalHalal
3
MSFTMicrosoft Corp
5.66%HalalHalalHalalHalalHalal
4
AMZNAmazon.com Inc
3.57%HalalHalalHalalHalalHalal
5
GOOGLALPHABET INC-CL A
2.81%DoubtfulNot ratedNot ratedNot ratedNot rated
6
GOOGALPHABET INC-CL C
2.43%DoubtfulNot ratedNot ratedNot ratedNot rated
7
AVGOBroadcom Inc
2.24%HalalHalalNot halalNot halalHalal
8
METAMeta Platforms Inc
2.11%HalalHalalHalalHalalHalal
9
TSLATESLA INC.
1.70%HalalHalalHalalHalalHalal
10
LLYEli Lilly & Co
1.63%HalalHalalNot halalNot halalHalal
11
MUMicron Technology Inc
1.43%HalalHalalHalalHalalHalal
12
JPMJPMorgan Chase & Co
1.33%Not halalNot halalNot halalNot halalNot halal
13
AMDADVANCED MICRO DEVICES
1.22%HalalHalalHalalHalalHalal
14
BRK-BBERKSHIRE HATHAWAY INC-CL
1.13%Not halalNot halalNot halalNot halalNot halal
15
XOMExxonMobil Holdings Corp
1.10%HalalHalalHalalHalalHalal
16
QUU.TOMACKENZIE US LARGE CAP EQ
1.08%Not ratedNot ratedNot ratedNot ratedNot rated
17
VVISA INC-CLASS A SHARES
1.02%HalalNot halalNot halalNot halalNot halal
18
JNJJohnson & Johnson
0.96%HalalHalalHalalHalalHalal
19
WMTWalmart Inc
0.78%HalalHalalHalalHalalHalal
20
ABBVAbbVie Inc
0.75%HalalHalalNot halalNot halalHalal
21
MAMASTERCARD INC - A
0.74%DoubtfulNot halalNot halalNot halalNot halal
22
COSTCostco Wholesale Corp
0.67%HalalHalalHalalHalalHalal
23
CVXChevron Corp
0.63%HalalHalalHalalHalalHalal
24
PLTRPALANTIR TECHNOLOGIES INC
0.62%DoubtfulNot ratedNot halalNot halalNot rated
25
CSCOCisco Systems Inc
0.61%HalalHalalHalalHalalHalal
26
UNHUnitedHealth Group Inc
0.57%Not halalNot halalNot halalNot halalNot halal
27
PGProcter & Gamble Co
0.57%HalalHalalHalalHalalHalal
28
SNDKSanDisk Corp
0.55%Not halalHalalHalalHalalHalal
29
KOCoca-Cola Co/The
0.55%HalalHalalNot halalNot halalHalal
30
INTCIntel Corp
0.54%DoubtfulNot ratedNot ratedNot ratedNot rated
31
QCOMQUALCOMM Inc
0.54%HalalHalalHalalHalalHalal
32
MRKMERCK & CO.
0.54%HalalHalalNot halalNot halalHalal
33
HDHOME DEPOT INC
0.48%HalalHalalNot halalNot halalHalal
34
CATCaterpillar Inc
0.48%HalalHalalNot halalNot halalHalal
35
BACBank of America Corp
0.47%Not halalNot halalNot halalNot halalNot halal
36
PMPHILIP MORRIS INTERNATION
0.47%Not halalNot halalNot halalNot halalNot halal
37
GEGENERAL ELECTRIC
0.45%DoubtfulHalalNot halalNot halalHalal
38
AMATApplied Materials Inc
0.44%HalalHalalHalalHalalHalal
39
PANWPALO ALTO NETWORKS INC.
0.43%HalalHalalHalalHalalHalal
40
LRCXLam Research Corp
0.43%HalalHalalHalalHalalHalal
41
NFLXNetflix Inc
0.41%Not halalNot halalNot halalNot halalNot halal
42
RTXRTX CORPORATION
0.39%DoubtfulHalalNot halalNot halalHalal
43
GSGOLDMAN SACHS GROUP INC
0.39%Not halalNot halalNot halalNot halalNot halal
44
WFCWells Fargo & Co
0.38%Not halalNot halalNot halalNot halalNot halal
45
TXNTexas Instruments Inc
0.38%HalalHalalNot halalNot halalHalal
46
TMOTHERMO FISHER SCIENTIFIC
0.37%HalalHalalNot halalNot halalHalal
47
AMGNAmgen Inc
0.36%Not halalNot halalNot halalNot halalNot halal
48
CRWDCROWDSTRIKE HOLDINGS INC
0.35%HalalHalalNot halalNot halalHalal
49
IBMINTL BUSINESS MACHINES CO
0.35%DoubtfulNot ratedNot halalNot halalNot rated
50
PLDProLogis Inc
0.35%Not halalNot halalNot halalNot halalHalal
...

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

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