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iShares MSCI Min Vol Canada Index ETF

XMV.TO

IShares

iShares MSCI Min Vol Canada Index ETF (XMV.TO) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 98.14%. 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: 98.14%
  • Halal 32.26%
  • Doubtful 1.70%
  • Not halal 64.17%
  • Not rated 1.86%

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
0.34%
AUM
393.17M CAD
Holdings
69 (67 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

RulebookVerdictHalalNot halalSplit (0–100%)
Akinda fund screen (AAOIFI)Not halal32.26%64.17%
DJIMNot halal32.26%64.17%
FTSENot halal29.39%67.04%
MSCINot halal29.39%67.04%
S&PNot halal32.42%64.01%

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 69 holdings, largest first · basket as of 30 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
BNS.TOBANK OF NOVA SCOTIA
3.26%Not halalNot halalNot halalNot halalNot halal
2
TD.TOTORONTO DOMINION
3.23%Not halalNot halalNot halalNot halalNot halal
3
SU.TOSUNCOR ENERGY INC
3.19%HalalHalalHalalHalalHalal
4
FTS.TOFORTIS
3.10%Not halalNot halalNot halalNot halalNot halal
5
CM.TOCANADIAN IMPERIAL BANK OF COMMERCE
3.02%Not halalNot halalNot halalNot halalNot halal
6
BMO.TOBANK OF MONTREAL
3.01%Not halalNot halalNot halalNot halalNot halal
7
RY.TOROYAL BANK OF CANADA
2.98%Not halalNot halalNot halalNot halalNot halal
8
GWO.TOGREAT WEST LIFECO INC
2.95%Not halalNot halalNot halalNot halalNot halal
9
ENB.TOENBRIDGE
2.94%Not halalNot halalNot halalNot halalNot halal
10
CNR.TOCANADIAN NATIONAL RAILWAY
2.92%HalalHalalNot halalNot halalHalal
11
L.TOLOBLAW COMPANIES LTD
2.91%Not halalNot halalNot halalNot halalNot halal
12
CP.TOCANADIAN PACIFIC KANSAS CITY
2.81%HalalHalalHalalHalalHalal
13
NA.TONATIONAL BANK OF CANADA
2.71%Not halalNot halalNot halalNot halalNot halal
14
MFC.TOMANULIFE FINANCIAL
2.58%Not halalNot halalNot halalNot halalNot halal
15
TRP.TOTC ENERGY
2.52%Not halalNot halalNot halalNot halalNot halal
16
SLF.TOSUN LIFE FINANCIAL INC
2.49%Not halalNot halalNot halalNot halalNot halal
17
NTR.TONUTRIEN LTD
2.29%Not halalNot halalHalalHalalNot halal
18
IFC.TOINTACT FINANCIAL CORP
2.14%Not halalNot halalNot halalNot halalNot halal
19
FFH.TOFAIRFAX FINANCIAL HOLDINGS SUB VOT
2.13%Not halalNot halalNot halalNot halalNot halal
20
CCL-B.TOCCL INDUSTRIES CLASS B
2.05%HalalHalalHalalHalalHalal
21
DOL.TODOLLARAMA
2.02%HalalHalalNot halalNot halalHalal
22
H.TOHYDRO ONE
1.97%Not halalNot halalNot halalNot halalNot halal
23
CNQ.TOCANADIAN NATURAL RESOURCES LTD
1.93%HalalHalalHalalHalalHalal
24
WN.TOGEORGE WESTON
1.86%Not halalNot halalHalalHalalNot halal
25
BCE.TOBCE INC
1.84%Not halalNot halalNot halalNot halalNot halal
26
PPL.TOPEMBINA PIPELINE
1.79%Not halalNot halalNot halalNot halalNot halal
27
FNV.TOFRANCO NEVADA
1.69%HalalHalalHalalHalalHalal
28
MRU.TOMETRO
1.69%HalalHalalHalalHalalHalal
29
BAM.TOBROOKFIELD ASSET MANAGEMENT VOTING
1.67%Not halalNot halalNot halalNot halalNot halal
30
AEM.TOAGNICO EAGLE MINES
1.60%HalalHalalHalalHalalHalal
31
IMO.TOIMPERIAL OIL LTD
1.60%HalalHalalHalalHalalHalal
32
GIB-A.TOCGI INC CLASS A
1.59%DoubtfulNot ratedNot ratedNot ratedNot rated
33
BN.TOBROOKFIELD CLASS A
1.43%Not halalNot halalNot halalNot halalNot halal
34
GFL.TOGFL ENVIRONMENTAL SUBORDINATE VOTI
1.39%Not halalNot halalNot halalNot halalNot halal
35
EMA.TOEMERA INC
1.34%Not halalNot halalNot halalNot halalNot halal
36
T.TOTELUS
1.29%Not halalNot halalNot halalNot halalNot halal
37
ATD.TOALIMENTATION COUCHE TARD INC
1.28%HalalHalalHalalHalalHalal
38
CSU.TOCONSTELLATION SOFTWARE
1.24%HalalHalalNot halalNot halalHalal
39
WPM.TOWHEATON PRECIOUS METALS
1.23%HalalHalalHalalHalalHalal
40
QSR.TORESTAURANTS BRANDS INTERNATIONAL
1.10%Not ratedNot ratedNot ratedNot ratedNot rated
41
POW.TOPOWER CORPORATION OF CANADA
1.09%Not halalNot halalNot halalNot halalNot halal
42
SHOP.TOSHOPIFY SUBORDINATE VOTING CLASS A
0.99%HalalHalalNot halalNot halalHalal
43
CVE.TOCENOVUS ENERGY
0.88%HalalHalalHalalHalalHalal
44
TRI.TOTHOMSON REUTERS CORP
0.85%HalalHalalHalalHalalHalal
45
ABX.TOBARRICK MINING
0.78%HalalHalalHalalHalalHalal
46
X.TOTMX GROUP LTD
0.65%Not halalNot halalNot halalNot halalNot halal
47
RCI-B.TOROGERS COMMUNICATIONS NON-VOTING I
0.63%Not halalNot halalNot halalNot halalNot halal
48
WSP.TOWSP GLOBAL INC
0.61%HalalHalalHalalHalalHalal
49
RBA.TORB GLOBAL
0.61%Not ratedNot ratedNot ratedNot ratedNot rated
50
TOU.TOTOURMALINE OIL CORP
0.61%HalalHalalHalalHalalHalal

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

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