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BMO SPDR Communication Services Select Sector Index ETF ZXLC.TO

Is BMO SPDR Communication Services Select Sector Index ETF Halal?

Shariah Compliance Analysis of ZXLC.TO ETF

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

ZXLC.TO was created on 2025-02-04 by BMO. The fund's investment portfolio concentrates primarily on communication services equity. The ETF is a passively managed fund-of-fund that holds a market-cap-weighted portfolio of US telecommunication and media & entertainment companies in the S&P 500 Index.

ZXLC.TO Shariah Compliance

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

NOT HALAL

BMO SPDR Communication Services Select Sector Index ETF (ZXLC.TO) Chart

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