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

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

The Shariah compliance status of iShares Short Term High Quality Canadian Bond Index ETF 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 Short Term High Quality Canadian Bond Index ETF?

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

iShares Short Term High Quality Canadian Bond Index ETF XSQ.TO

Is iShares Short Term High Quality Canadian Bond Index ETF Halal?

Q: Can a halal ETF like iShares Short Term High Quality Canadian 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.

Shariah Compliance Analysis of XSQ.TO ETF

No. As of October 2026, iShares Short Term High Quality Canadian Bond Index ETF (XSQ.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

XSQ.TO was created on 2014-07-09 by iShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. The investment objective of the Fund is to provide income by replicating, to the extent possible, the performance of the FTSE Canada Liquid Short Term Capped Bond Index (the Index), net of expenses. Under normal market conditions, the Fund will primarily invest in Canadian fixed income securities.

XSQ.TO Shariah Compliance

As of October 2026, iShares Short Term High Quality Canadian Bond Index ETF is classified as not halal.

NOT HALAL

iShares Short Term High Quality Canadian Bond Index ETF (XSQ.TO) Chart

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