Is BMO S&P 500 Index ETF halal to invest in?

As of August 2026, BMO S&P 500 Index ETF ZSP.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.

Is BMO S&P 500 Index ETF a Shariah-compliant ETF?

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 S&P 500 Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for BMO S&P 500 Index ETF updated?

The Shariah compliance status of BMO S&P 500 Index ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like BMO S&P 500 Index ETF become non-compliant?

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.

Where can I check the Shariah status of BMO S&P 500 Index ETF?

You can check the latest Shariah compliance status of BMO S&P 500 Index ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

BMO S&P 500 Index ETF ZSP.TO

ZSP.TO Shariah Compliance

Screening Methodology: AAOIFI

As of August 2026, BMO S&P 500 Index ETF is classified as not halal.

NOT HALAL

BMO S&P 500 Index ETF. Analysis ZSP.TO

CA Equity Large Cap

ZSP.TO was created on 2012-11-14 by BMO. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 24650.59m in AUM and 505 holdings. The fund tracks a market-cap-weighted index of 500 large-cap US stocks selected by the S&P Index Committee.

BMO S&P 500 Index ETF (ZSP.TO) Chart

Key Statistics of BMO S&P 500 Index ETF (ZSP.TO)

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FAQ's for BMO S&P 500 Index ETF (ZSP.TO)

As of August 2026, BMO S&P 500 Index ETF ZSP.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 S&P 500 Index ETF using these criteria to determine its compliance status.
The Shariah compliance status of BMO S&P 500 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 S&P 500 Index ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.