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BMO Covered Call Utilities ETF ZWU.TO

Is BMO Covered Call Utilities ETF Halal?

Shariah Compliance Analysis of ZWU.TO ETF

No. As of October 2026, BMO Covered Call Utilities ETF (ZWU.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

ZWU.TO was created on 2011-10-20 by BMO. The fund's investment portfolio concentrates primarily on utilities equity. The fund holds an actively managed portfolio of Canadian utilities firms with an overlay of covered call options.

ZWU.TO Shariah Compliance

As of October 2026, BMO Covered Call Utilities ETF is classified as not halal.

NOT HALAL

BMO Covered Call Utilities ETF (ZWU.TO) Chart

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