The low frequency, long wavelength electromagnetic waves, viz, shear Alfven wave in quantum electron-positron-ion magneto plasmas, have been examined using quantum magneto hydrodynamic model. In this model, we have considered electrons and positrons are to be magnetized as well as degenerate whereas ions are magnetized but classical. We have also included the effects of exchange correlation terms which appear entirely the dynamic equations of electrons and positrons. The whole treatment is done using multi-fluid model. Our object is to study the shear Alfvén waves propagating in above said system of plasma. For that we have derived the modified dispersion relation of the shear Alfvén waves. Results are relevant to the terrestrial laboratory astrophysics.