Musaffa Logo
BMO Mid Federal Bond Index ETF ZFM.TO

Is BMO Mid Federal Bond Index ETF Halal?

Shariah Compliance Analysis of ZFM.TO ETF

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

ZFM.TO was created on 2009-05-29 by BMO. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 819.76m in AUM and 41 holdings. The fund tracks a market-value-weighted index of Canadian federal bonds with 5 to 10 years remaining to maturity.

ZFM.TO Shariah Compliance

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

NOT HALAL

BMO Mid Federal Bond Index ETF (ZFM.TO) Chart

Fetching Price Chart...