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BMO Low Volatility Emerging Markets Equity ETF CAD Units Trust Units ZLE.TO

Is BMO Low Volatility Emerging Markets Equity ETF CAD Units Trust Units Halal?

Shariah Compliance Analysis of ZLE.TO ETF

No. As of October 2026, BMO Low Volatility Emerging Markets Equity ETF CAD Units Trust Units (ZLE.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

ZLE.TO was created on 2016-05-10 by BMO. The fund's investment portfolio concentrates primarily on large cap equity. The fund holds an actively managed portfolio of low-beta large-cap stocks from emerging markets. The fund gives greater weight to lower beta securities.

ZLE.TO Shariah Compliance

As of October 2026, BMO Low Volatility Emerging Markets Equity ETF CAD Units Trust Units is classified as not halal.

NOT HALAL

BMO Low Volatility Emerging Markets Equity ETF CAD Units Trust Units (ZLE.TO) Chart

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