CI S&P/TSX Composite Low Volatility Index ETF

TLV.TO

CIGlobal

CI S&P/TSX Composite Low Volatility Index ETF (TLV.TO) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 93.09%. 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: 93.09%

Halal 11.48%
Doubtful 0.00%
Not halal 81.61%
Not rated 6.91%

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: CIGlobal
Venue (where it trades): Canada
Domicile (where it is registered): Canada
Reporting currency: CAD
Expense ratio: 0.33%
AUM: 98.67M CAD
Holdings: 47 (47 screened)
Basket as of (provider): 28 Oct 2026
Basket fetched by Akinda: 28 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

Rulebook	Verdict	Halal	Not halal
Akinda fund screen (AAOIFI)	Not halal	11.48%	81.61%
DJIM	Not halal	11.48%	81.61%
FTSE	Not halal	11.46%	81.63%
MSCI	Not halal	11.46%	81.63%
S&P	Not halal	13.37%	79.72%

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

1–47 of 47 holdings, largest first · basket as of 28 Oct 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	SRU-UN.TOSmartCentres Real Estate Investment Trust	2.91%	Not halal	Not halal	Not halal	Not halal	Not halal
2	CRT-UN.TOCT Real Estate Investment Trust	2.65%	Not halal	Not halal	Not halal	Not halal	Not halal
3	H.TOHydro One Limited	2.61%	Not halal	Not halal	Not halal	Not halal	Not halal
4	FTS.TOFortis Inc/Canada	2.54%	Not halal	Not halal	Not halal	Not halal	Not halal
5	EMA.TOEmera Inc.	2.53%	Not halal	Not halal	Not halal	Not halal	Not halal
6	RY.TORoyal Bank of Canada	2.53%	Not halal	Not halal	Not halal	Not halal	Not halal
7	CRR-UN.TOCrombie Real Estate Investment Trust	2.48%	Not halal	Not halal	Not halal	Not halal	Not halal
8	PMZ-UN.TOPrimaris Real Estate Investment Trust	2.42%	Not halal	Not halal	Not halal	Not halal	Not halal
9	BNS.TOBank of Nova Scotia	2.35%	Not halal	Not halal	Not halal	Not halal	Not halal
10	TD.TOToronto-Dominion Bank	2.32%	Not halal	Not halal	Not halal	Not halal	Not halal
11	CHP-UN.TOChoice Properties Real Estate Investment Trust	2.29%	Not halal	Not halal	Not halal	Not halal	Not halal
12	NA.TONational Bank of Canada	2.27%	Not halal	Not halal	Not halal	Not halal	Not halal
13	REI-UN.TORioCan Real Estate Investment Trust	2.23%	Not halal	Not halal	Not halal	Not halal	Not halal
14	GWO.TOGreat-West Lifeco Inc.	2.22%	Not halal	Not halal	Not halal	Not halal	Not halal
15	CM.TOCanadian Imperial Bank of Commerce	2.03%	Not halal	Not halal	Not halal	Not halal	Not halal
16	POW.TOPower Corporation of Canada	2.01%	Not halal	Not halal	Not halal	Not halal	Not halal
17	BEI-UN.TOBoardwalk Real Estate Investment Trust	2.00%	Not halal	Not halal	Not halal	Not halal	Not halal
18	BMO.TOBank of Montreal	2.00%	Not halal	Not halal	Not halal	Not halal	Not halal
19	ENB.TOEnbridge Inc.	1.98%	Not halal	Not halal	Not halal	Not halal	Not halal
20	KMP-UN.TOKillam Apartment Real Estate Investment Trust	1.97%	Not halal	Not halal	Not halal	Not halal	Not halal
21	FCR-UN.TOFirst Capital Real Estate Investment Trust	1.94%	Not halal	Not halal	Not halal	Not halal	Not halal
22	BIP-PABrookfield Infrastructure Partners L.P.	1.90%	Not halal	Not halal	Not halal	Not halal	Not halal
23	JWEL.TOJamieson Wellness Inc.	1.89%	Not halal	Not halal	Not halal	Not halal	Halal
24	ALA.TOAltaGas Limited	1.88%	Not halal	Not halal	Not halal	Not halal	Not halal
25	DIR-UN.TODream Industrial Real Estate Investment Trust	1.88%	Not halal	Not halal	Not halal	Not halal	Not halal
26	SLF.TOSun Life Financial Inc.	1.88%	Not halal	Not halal	Not halal	Not halal	Not halal
27	TRP.TOTC Energy Corporation	1.88%	Not halal	Not halal	Not halal	Not halal	Not halal
28	SIA.TOSienna Senior Living Inc.	1.87%	Not halal	Not halal	Not halal	Not halal	Not halal
29	MFC.TOManulife Financial Corp.	1.86%	Not halal	Not halal	Not halal	Not halal	Not halal
30	CAR-UN.TOCanadian Apartment Properties Real Estate Investme nt Trust	1.83%	Not halal	Not halal	Not halal	Not halal	Not halal
31	GEI.TOGibson Energy Inc.	1.77%	Not halal	Not halal	Not halal	Not halal	Not halal
32	GRT-UN.TOGranite Real Estate Investment Trust	1.75%	Not halal	Not halal	Not halal	Not halal	Not halal
33	MRU.TOMetro Inc.	1.75%	Halal	Halal	Halal	Halal	Halal
34	PPL.TOPembina Pipeline Corporation	1.73%	Not halal	Not halal	Not halal	Not halal	Not halal
35	CSH-UN.TOChartwell Retirement Residences	1.69%	Not halal	Not halal	Not halal	Not halal	Not halal
36	FRU.TOFreehold Royalties Ltd.	1.67%	Halal	Halal	Halal	Halal	Halal
37	CNR.TOCanadian National Railway Company	1.65%	Halal	Halal	Not halal	Not halal	Halal
38	LIF.TOLabrador Iron Ore Royalty Corporation	1.65%	Halal	Halal	Halal	Halal	Halal
39	BCE.TOBCE Inc.	1.64%	Not halal	Not halal	Not halal	Not halal	Not halal
40	WN.TOGeorge Weston Limited	1.63%	Not halal	Not halal	Halal	Halal	Not halal
41	SOBO.TOSouth Bow Corp	1.62%	Not halal	Not halal	Not halal	Not halal	Not halal
42	TPZ.TOTopaz Energy Corp	1.62%	Halal	Halal	Halal	Halal	Halal
43	NWC.TONorth West Company Inc. (The)	1.59%	Halal	Halal	Halal	Halal	Halal
44	IFC.TOIntact Financial Corporation	1.58%	Not halal	Not halal	Not halal	Not halal	Not halal
45	L.TOLoblaw Companies Limited	1.56%	Not halal	Not halal	Not halal	Not halal	Not halal
46	PSK.TOPrairieSky Royalty Ltd.	1.55%	Halal	Halal	Halal	Halal	Halal
47	T.TOTELUS Corporation	1.49%	Not halal	Not halal	Not halal	Not halal	Not halal

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

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