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CI Morningstar Canada Momentum Index ETF WXM.TO

Is CI Morningstar Canada Momentum Index ETF Halal?

Shariah Compliance Analysis of WXM.TO ETF

No. As of October 2026, CI Morningstar Canada Momentum Index ETF (WXM.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

WXM.TO was created on 2012-02-13 by CI. The fund's investment portfolio concentrates primarily on total market equity. The fund tracks an equal-weighted index of 30 liquid Canadian stocks, selected for positive 3-, 9- and 12-month price momentum with an emphasis on upward earnings estimate revisions.

WXM.TO Shariah Compliance

As of October 2026, CI Morningstar Canada Momentum Index ETF is classified as not halal.

NOT HALAL

CI Morningstar Canada Momentum Index ETF (WXM.TO) Chart

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