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iShares S&P/TSX Global Base Metals Index Fund XBM.TO

Is iShares S&P/TSX Global Base Metals Index Fund ETF Halal?

Shariah Compliance Analysis of XBM.TO ETF

No. As of October 2026, iShares S&P/TSX Global Base Metals Index Fund (XBM.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

XBM.TO was created on 2011-04-12 by iShares. The fund's investment portfolio concentrates primarily on materials equity. The fund tracks a market-cap-weighted index of global companies involved in the production or extraction of aluminum, copper, and other diversified metals.

XBM.TO Shariah Compliance

As of October 2026, iShares S&P/TSX Global Base Metals Index Fund is classified as not halal.

NOT HALAL

iShares S&P/TSX Global Base Metals Index Fund (XBM.TO) Chart

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