CTC.A — Canadian Tire Corp.

Core retail business is permissible, but a financial-services segment earns interest income.

Why?

Canadian Tire's core auto, hardware, and sporting goods retail business is permissible, but the company also operates a financial services segment (Canadian Tire Bank) that issues credit cards and earns interest income, a genuine mixed-income consideration for stricter screens.

How this was screened

Primary basis: Financial-ratio screen.

References

• Screened against commonly applied Islamic finance criteria (business-activity exclusions plus AAOIFI-influenced financial ratio thresholds); exact methodology varies by provider (e.g. AAOIFI, S&P/Dow Jones Islamic Market, MSCI Islamic).

As of: 2026-09-06

This is informational guidance only, not investment advice or a certified Sharia determination. Financial ratios shift every quarter — always verify current figures with a dedicated Islamic screening service or qualified financial and religious advisor before making investment decisions.