
Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
Pricing
Company
About Musaffa
Investors
Build with us

BMO MSCI ACWI Paris Aligned Climate Equity Index ETF ZGRN.TO
ZGRN.TO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, BMO MSCI ACWI Paris Aligned Climate Equity Index ETF is classified as not halal.
NOT HALAL
Is BMO MSCI ACWI Paris Aligned Climate Equity Index ETF Halal?
Shariah Compliance Analysis of ZGRN.TO ETF
No. As of September 2026, BMO MSCI ACWI Paris Aligned Climate Equity Index ETF (ZGRN.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. BMO MSCI ACWI Paris Aligned Climate Equity Index ETF does not pass Musaffa's business and financial screening criteria.
ZGRN.TO was created on 2022-01-24 by BMO. The fund's investment portfolio concentrates primarily on total market equity. The fund tracks a tier-weighted index of large- and mid-cap stocks from around the world, selected and weighted based on ESG criteria compatible with the Paris Climate Agreement and carbon reduction goals.
BMO MSCI ACWI Paris Aligned Climate Equity Index ETF (ZGRN.TO) Chart
Key Statistics of BMO MSCI ACWI Paris Aligned Climate Equity Index ETF (ZGRN.TO)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-FAQ's for BMO MSCI ACWI Paris Aligned Climate Equity Index ETF (ZGRN.TO)
- As of September 2026, BMO MSCI ACWI Paris Aligned Climate Equity Index ETF ZGRN.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 MSCI ACWI Paris Aligned Climate Equity Index ETF using these criteria to determine its compliance status.
- The Shariah compliance status of BMO MSCI ACWI Paris Aligned Climate Equity Index ETF 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 MSCI ACWI Paris Aligned Climate Equity Index ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
