Is iShares Core Canadian Short Term Bond Index ETF halal to invest in?

As of September 2026, iShares Core Canadian Short Term Bond Index ETF XSB.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.

Is iShares Core Canadian Short Term Bond Index ETF 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 Core Canadian Short Term Bond Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares Core Canadian Short Term Bond Index ETF updated?

The Shariah compliance status of iShares Core Canadian Short Term Bond Index ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like iShares Core Canadian Short Term Bond Index ETF 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.

Where can I check the Shariah status of iShares Core Canadian Short Term Bond Index ETF?

You can check the latest Shariah compliance status of iShares Core Canadian Short Term Bond Index ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

iShares Core Canadian Short Term Bond Index ETF XSB.TO

XSB.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares Core Canadian Short Term Bond Index ETF is classified as not halal.

NOT HALAL

Is iShares Core Canadian Short Term Bond Index ETF Halal?

Shariah Compliance Analysis of XSB.TO ETF

CA Fixed Income Investment Grade

No. As of September 2026, iShares Core Canadian Short Term Bond Index ETF (XSB.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares Core Canadian Short Term Bond Index ETF does not pass Musaffa's business and financial screening criteria.

XSB.TO was created on 2000-11-20 by iShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 3558.73m in AUM and 705 holdings. The fund tracks a market-value-weighted index of Canadian investment-grade debt securities with maturities of less than five years.

iShares Core Canadian Short Term Bond Index ETF (XSB.TO) Chart

Key Statistics of iShares Core Canadian Short Term Bond Index ETF (XSB.TO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for iShares Core Canadian Short Term Bond Index ETF (XSB.TO)

As of September 2026, iShares Core Canadian Short Term Bond Index ETF XSB.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 Core Canadian Short Term Bond Index ETF using these criteria to determine its compliance status.
The Shariah compliance status of iShares Core Canadian Short Term Bond Index ETF 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 Core Canadian Short Term Bond Index ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.