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BMO Government Bond Index ETF CAD Units Trust Units ZGB.TO
ZGB.TO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, BMO Government Bond Index ETF CAD Units Trust Units is classified as not halal.
NOT HALAL
Is BMO Government Bond Index ETF CAD Units Trust Units Halal?
Shariah Compliance Analysis of ZGB.TO ETF
No. As of September 2026, BMO Government Bond Index ETF CAD Units Trust Units (ZGB.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. BMO Government Bond Index ETF CAD Units Trust Units does not pass Musaffa's business and financial screening criteria.
ZGB.TO was created on 2018-03-02 by BMO. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 1470.07m in AUM and 422 holdings. The fund tracks an index of Canadian government fixed income with remaining maturities of greater than one year.
BMO Government Bond Index ETF CAD Units Trust Units (ZGB.TO) Chart
Key Statistics of BMO Government Bond Index ETF CAD Units Trust Units (ZGB.TO)
Today's Open
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-FAQ's for BMO Government Bond Index ETF CAD Units Trust Units (ZGB.TO)
- As of September 2026, BMO Government Bond Index ETF CAD Units Trust Units ZGB.TO is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes BMO Government Bond Index ETF CAD Units Trust Units using these criteria to determine its compliance status.
- The Shariah compliance status of BMO Government Bond Index ETF CAD Units Trust Units may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
- Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
- You can check the latest Shariah compliance status of BMO Government Bond Index ETF CAD Units Trust Units on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
