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BMO SPDR Materials Select Sector Index ETF Hedged ZXLB.F.TO

Is BMO SPDR Materials Select Sector Index ETF Hedged Halal?

Shariah Compliance Analysis of ZXLB.F.TO ETF

No. As of October 2026, BMO SPDR Materials Select Sector Index ETF Hedged (ZXLB.F.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

ZXLB.F.TO was created on 2025-02-04 by SPDR. The fund's investment portfolio concentrates primarily on materials equity. The fund tracks a market cap-weighted index of S&P 500 materials-sector stocks.

ZXLB.F.TO Shariah Compliance

As of October 2026, BMO SPDR Materials Select Sector Index ETF Hedged is classified as not halal.

NOT HALAL

BMO SPDR Materials Select Sector Index ETF Hedged (ZXLB.F.TO) Chart

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