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BMO Equal Weight Oil & Gas Index ETF CAD Units Trust Units ZEO.TO

Is BMO Equal Weight Oil & Gas Index ETF CAD Units Trust Units Halal?

Shariah Compliance Analysis of ZEO.TO ETF

No. As of October 2026, BMO Equal Weight Oil & Gas Index ETF CAD Units Trust Units (ZEO.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

ZEO.TO was created on 2009-10-20 by BMO. The fund's investment portfolio concentrates primarily on energy equity. The fund tracks an equal-weighted index of Canadian oil & gas stocks.

ZEO.TO Shariah Compliance

As of October 2026, BMO Equal Weight Oil & Gas Index ETF CAD Units Trust Units is classified as not halal.

NOT HALAL

BMO Equal Weight Oil & Gas Index ETF CAD Units Trust Units (ZEO.TO) Chart

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