Is iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit updated?

The Shariah compliance status of iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Where can I check the Shariah status of iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit?

You can check the latest Shariah compliance status of iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

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iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit XETM.TO

Is iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit Halal?

Q: Can a halal ETF like iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Shariah Compliance Analysis of XETM.TO ETF

No. As of October 2026, iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit (XETM.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

XETM.TO was created on 2023-09-06 by iShares. The fund's investment portfolio concentrates primarily on materials equity. The fund tracks a tier-weighted index of Canadian and US-listed stocks engaged in the production or exploration of energy transition materials.

XETM.TO Shariah Compliance

As of October 2026, iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit is classified as not halal.

NOT HALAL

iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit (XETM.TO) Chart

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