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BMO US Equity Buffer Hedged to CAD ETF - April CAD Trust Units ZAPR.NE

Is BMO US Equity Buffer Hedged to CAD ETF - April CAD Trust Units Halal?

Shariah Compliance Analysis of ZAPR.NE ETF

No. As of October 2026, BMO US Equity Buffer Hedged to CAD ETF - April CAD Trust Units (ZAPR.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

ZAPR.NE was created on 2024-03-25 by BMO. The fund's investment portfolio concentrates primarily on large cap equity. The fund seeks to match the upside return of a US large cap index, up to a cap and over a one year period, while providing a buffer for the first 15% of losses.

ZAPR.NE Shariah Compliance

As of October 2026, BMO US Equity Buffer Hedged to CAD ETF - April CAD Trust Units is classified as not halal.

NOT HALAL

BMO US Equity Buffer Hedged to CAD ETF - April CAD Trust Units (ZAPR.NE) Chart

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