Is iShares S&P/TSX Capped Utilities Index Fund halal to invest in?

As of September 2026, iShares S&P/TSX Capped Utilities Index Fund XUT.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 S&P/TSX Capped Utilities Index Fund 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 Capped Utilities Index Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares S&P/TSX Capped Utilities Index Fund updated?

The Shariah compliance status of iShares S&P/TSX Capped Utilities Index Fund 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 S&P/TSX Capped Utilities Index Fund 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 S&P/TSX Capped Utilities Index Fund?

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

iShares S&P/TSX Capped Utilities Index Fund XUT.TO

XUT.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares S&P/TSX Capped Utilities Index Fund is classified as not halal.

NOT HALAL

Is iShares S&P/TSX Capped Utilities Index Fund ETF Halal?

Shariah Compliance Analysis of XUT.TO ETF

CA Equity Utilities

No. As of September 2026, iShares S&P/TSX Capped Utilities Index Fund (XUT.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares S&P/TSX Capped Utilities Index Fund does not pass Musaffa's business and financial screening criteria.

XUT.TO was created on 2011-04-12 by iShares. The fund's investment portfolio concentrates primarily on utilities equity. The ETF currently has 849.74m in AUM and 14 holdings. The fund tracks a market-cap-weighted index of Canadian utility stocks drawn from the S&P/TSX Composite.

iShares S&P/TSX Capped Utilities Index Fund (XUT.TO) Chart

Key Statistics of iShares S&P/TSX Capped Utilities Index Fund (XUT.TO)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for iShares S&P/TSX Capped Utilities Index Fund (XUT.TO)

As of September 2026, iShares S&P/TSX Capped Utilities Index Fund XUT.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 Capped Utilities Index Fund using these criteria to determine its compliance status.
The Shariah compliance status of iShares S&P/TSX Capped Utilities Index Fund 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 Capped Utilities Index Fund on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.