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BMO Discount Bond Index ETF ZDB.TO

Is BMO Discount Bond Index ETF Halal?

Shariah Compliance Analysis of ZDB.TO ETF

No. As of October 2026, BMO Discount Bond Index ETF (ZDB.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

ZDB.TO was created on 2014-02-10 by BMO. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 1151.05m in AUM and 323 holdings. The fund tracks a market-value-weighted index of CAD-denominated, broad-maturity, investment-grade fixed-income securities trading near or below par value.

ZDB.TO Shariah Compliance

As of October 2026, BMO Discount Bond Index ETF is classified as not halal.

NOT HALAL

BMO Discount Bond Index ETF (ZDB.TO) Chart

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