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BMO MSCI Emerging Markets Index ETF ZEM.TO

Is BMO MSCI Emerging Markets Index ETF Halal?

Shariah Compliance Analysis of ZEM.TO ETF

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

ZEM.TO was created on 2009-10-20 by BMO. The fund's investment portfolio concentrates primarily on total market equity. The fund tracks a market-cap-weighted index of large- and mid-cap emerging-market stocks.

ZEM.TO Shariah Compliance

As of October 2026, BMO MSCI Emerging Markets Index ETF is classified as not halal.

NOT HALAL

BMO MSCI Emerging Markets Index ETF (ZEM.TO) Chart

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