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iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit XETM.TO
XETM.TO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit is classified as not halal.
NOT HALAL
Is iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit Halal?
Shariah Compliance Analysis of XETM.TO ETF
No. As of September 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. iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit does not pass Musaffa's business and financial screening criteria.
XETM.TO was created on 2023-09-06 by iShares. The fund's investment portfolio concentrates primarily on materials equity. The ETF currently has 129.21m in AUM and 107 holdings. The fund tracks a tier-weighted index of Canadian and US-listed stocks engaged in the production or exploration of energy transition materials.
iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit (XETM.TO) Chart
Key Statistics of iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit (XETM.TO)
Today's Open
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-FAQ's for iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit (XETM.TO)
- As of September 2026, iShares S&P/TSX Energy Transition Materials Index ETF Trust Unit XETM.TO is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- 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.
- 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.
- 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.
- 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.
