Is iShares Core S&P 500 Index ETF (CAD-Hedged) halal to invest in?

As of August 2026, iShares Core S&P 500 Index ETF (CAD-Hedged) XSP.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 S&P 500 Index ETF (CAD-Hedged) 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 S&P 500 Index ETF (CAD-Hedged) using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares Core S&P 500 Index ETF (CAD-Hedged) updated?

The Shariah compliance status of iShares Core S&P 500 Index ETF (CAD-Hedged) 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 S&P 500 Index ETF (CAD-Hedged) 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 S&P 500 Index ETF (CAD-Hedged)?

You can check the latest Shariah compliance status of iShares Core S&P 500 Index ETF (CAD-Hedged) on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

iShares Core S&P 500 Index ETF (CAD-Hedged) XSP.TO

XSP.TO Shariah Compliance

Screening Methodology: AAOIFI

As of August 2026, iShares Core S&P 500 Index ETF (CAD-Hedged) is classified as not halal.

NOT HALAL

iShares Core S&P 500 Index ETF (CAD-Hedged). Analysis XSP.TO

CA Equity Large Cap

XSP.TO was created on 2001-05-24 by iShares. The fund's investment portfolio concentrates primarily on large cap equity. The fund tracks a market-cap-weighted index of US large- and mid-cap stocks selected by the S&P Committee.

iShares Core S&P 500 Index ETF (CAD-Hedged) (XSP.TO) Chart

Key Statistics of iShares Core S&P 500 Index ETF (CAD-Hedged) (XSP.TO)

Today's Open

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FAQ's for iShares Core S&P 500 Index ETF (CAD-Hedged) (XSP.TO)

As of August 2026, iShares Core S&P 500 Index ETF (CAD-Hedged) XSP.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 S&P 500 Index ETF (CAD-Hedged) using these criteria to determine its compliance status.
The Shariah compliance status of iShares Core S&P 500 Index ETF (CAD-Hedged) 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 S&P 500 Index ETF (CAD-Hedged) on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.