iShares MSCI Min Vol USA Index ETF CAD-Hedged

XMS.TO

IShares

iShares MSCI Min Vol USA Index ETF CAD-Hedged (XMS.TO) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 96.75%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)Not halalCoverage: 96.75%

Halal 63.06%
Doubtful 8.45%
Not halal 25.23%
Not rated 3.25%

The bar is scaled to fit; the figures are as reported, and the buckets do not always total 100%.

Coverage is the share of the fund's weight we hold a usable verdict for. Below 95%, a fund is rated only when the weight we can see already breaches the 5% limit; otherwise it is not rated by this method.

Fund facts

Issuer: IShares
Venue (where it trades): Canada
Domicile (where it is registered): Canada
Reporting currency: CAD
Expense ratio: 0.33%
AUM: 63.59M CAD
Holdings: 173 (172 screened)
Basket as of (provider): 30 Oct 2026
Basket fetched by Akinda: 30 Oct 2026
Verdict updated: 3 Nov 2026

Venue is where a fund trades; domicile is where it is registered. London-listed funds are domiciled in Ireland or Luxembourg, so use Venue for UK ETFs.

Five rulebooks

Rulebook	Verdict	Halal	Not halal
Akinda fund screen (AAOIFI)	Not halal	63.06%	25.23%
DJIM	Not halal	62.14%	28.84%
FTSE	Not halal	38.21%	55.75%
MSCI	Not halal	38.21%	55.75%
S&P	Not halal	62.24%	28.51%

Every bar uses the same 0–100% scale. Index rulebooks report only halal and not-halal weight; uncoloured weight is weight that rulebook does not classify. Coverage is published for the Akinda fund screen only.

The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.

Holdings

1–50 of 173 holdings, largest first · basket as of 30 Oct 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	MSFTMICROSOFT	1.59%	Halal	Halal	Halal	Halal	Halal
2	XOMEXXONMOBIL HOLDINGS CORP	1.55%	Halal	Halal	Halal	Halal	Halal
3	APHAMPHENOL CORP CLASS A	1.52%	Halal	Halal	Not halal	Not halal	Halal
4	CBCHUBB	1.51%	Not halal	Not halal	Not halal	Not halal	Not halal
5	MSIMOTOROLA SOLUTIONS INC	1.48%	Halal	Halal	Not halal	Not halal	Halal
6	JNJJOHNSON & JOHNSON	1.46%	Halal	Halal	Halal	Halal	Halal
7	WELLWELLTOWER	1.43%	Halal	Halal	Halal	Halal	Halal
8	MCKMCKESSON CORP	1.43%	Halal	Halal	Halal	Halal	Halal
9	NVDANVIDIA	1.42%	Halal	Halal	Halal	Halal	Halal
10	MRKMERCK & CO INC	1.39%	Halal	Halal	Not halal	Not halal	Halal
11	VRTXVERTEX PHARMACEUTICALS	1.37%	Halal	Halal	Halal	Halal	Halal
12	DUKDUKE ENERGY CORP	1.37%	Halal	Halal	Halal	Halal	Halal
13	SOSOUTHERN	1.34%	Not halal	Not halal	Not halal	Not halal	Not halal
14	WMWASTE MANAGEMENT INC	1.33%	Halal	Not rated	Not halal	Not halal	Not rated
15	MAMASTERCARD CLASS A	1.32%	Doubtful	Not halal	Not halal	Not halal	Not halal
16	RSGREPUBLIC SERVICES INC	1.30%	Halal	Halal	Not halal	Not halal	Halal
17	CSCOCISCO SYSTEMS INC	1.29%	Halal	Halal	Halal	Halal	Halal
18	WCNWASTE CONNECTIONS	1.29%	Halal	Halal	Not halal	Not halal	Halal
19	KOCOCA-COLA	1.28%	Halal	Halal	Not halal	Not halal	Halal
20	CORCENCORA	1.25%	Halal	Halal	Halal	Halal	Halal
21	EDCONSOLIDATED EDISON	1.24%	Not halal	Not halal	Not halal	Not halal	Not halal
22	VZVERIZON COMMUNICATIONS INC	1.23%	Not halal	Not halal	Not halal	Not halal	Not halal
23	ROPROPER TECHNOLOGIES	1.14%	Halal	Halal	Halal	Halal	Halal
24	PGPROCTER & GAMBLE	1.10%	Halal	Halal	Halal	Halal	Halal
25	VVISA CLASS A	1.06%	Halal	Not halal	Not halal	Not halal	Not halal
26	PLTRPALANTIR TECHNOLOGIES CLASS A	1.05%	Doubtful	Not rated	Not halal	Not halal	Not rated
27	CRMSALESFORCE	1.05%	Halal	Halal	Halal	Halal	Halal
28	MCDMCDONALDS CORP	0.99%	Halal	Halal	Not halal	Not halal	Halal
29	AAPLAPPLE	0.96%	Halal	Halal	Halal	Halal	Halal
30	TJXTJX	0.94%	Halal	Halal	Halal	Halal	Halal
31	ACNACCENTURE PLC CLASS A	0.94%	Doubtful	Not rated	Not rated	Not rated	Not rated
32	GILDGILEAD SCIENCES	0.94%	Halal	Halal	Not halal	Not halal	Halal
33	TDYTELEDYNE TECHNOLOGIES	0.91%	Doubtful	Halal	Not halal	Not halal	Halal
34	BNYBANK OF NEW YORK MELLON CORP	0.91%	Not halal	Not halal	Not halal	Not halal	Not halal
35	LMTLOCKHEED MARTIN	0.90%	Doubtful	Halal	Not halal	Not halal	Halal
36	MRSHMARSH	0.89%	Not halal	Not halal	Not halal	Not halal	Not halal
37	CLCOLGATE-PALMOLIVE	0.89%	Halal	Halal	Not halal	Not halal	Halal
38	LLYELI LILLY	0.88%	Halal	Halal	Not halal	Not halal	Halal
39	CMECME GROUP CLASS A	0.88%	Not halal	Not halal	Not halal	Not halal	Not halal
40	YUMYUM BRANDS	0.86%	Halal	Halal	Not halal	Not halal	Halal
41	AVGOBROADCOM INC	0.85%	Halal	Halal	Not halal	Not halal	Halal
42	TRVTRAVELERS COMPANIES	0.83%	Not halal	Not halal	Not halal	Not halal	Not halal
43	WECWEC ENERGY GROUP	0.81%	Not halal	Not halal	Not halal	Not halal	Not halal
44	TMUST MOBILE US INC	0.80%	Not halal	Not halal	Not halal	Not halal	Not halal
45	ADIANALOG DEVICES	0.79%	Halal	Halal	Halal	Halal	Halal
46	MNSTMONSTER BEVERAGE	0.79%	Halal	Halal	Halal	Halal	Halal
47	TXNTEXAS INSTRUMENT	0.79%	Halal	Halal	Not halal	Not halal	Halal
48	ABBVABBVIE	0.79%	Halal	Halal	Not halal	Not halal	Halal
49	NOWSERVICENOW	0.78%	Halal	Not halal	Not halal	Not halal	Not halal
50	PEPPEPSICO	0.78%	Halal	Halal	Not halal	Not halal	Halal

Not rated means we hold no usable verdict for that company; it is never treated as compliant.

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