BMO Canadian Dividend ETF

ZDV.TO

BMO

BMO Canadian Dividend ETF (ZDV.TO) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.63%. 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: 99.63%

Halal 25.17%
Doubtful 0.00%
Not halal 74.46%
Not rated 0.37%

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: BMO
Venue (where it trades): Canada
Domicile (where it is registered): Canada
Reporting currency: CAD
Expense ratio: 0.39%
AUM: 1.92B CAD
Holdings: 57 (57 screened)
Basket as of (provider): 23 Oct 2026
Basket fetched by Akinda: 23 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	25.17%	74.46%
DJIM	Not halal	28.03%	71.60%
FTSE	Not halal	29.02%	70.61%
MSCI	Not halal	29.02%	70.61%
S&P	Not halal	26.10%	73.53%

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 57 holdings, largest first · basket as of 23 Oct 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	RY.TORoyal Bank of Canada	8.50%	Not halal	Not halal	Not halal	Not halal	Not halal
2	TD.TOToronto-Dominion Bank/The	7.26%	Not halal	Not halal	Not halal	Not halal	Not halal
3	BNS.TOBank Of Nova Scotia	5.01%	Not halal	Not halal	Not halal	Not halal	Not halal
4	CNQ.TOCanadian Natural Resources Ltd	4.88%	Halal	Halal	Halal	Halal	Halal
5	CM.TOCanadian Imperial Bank Of Commerce	4.34%	Not halal	Not halal	Not halal	Not halal	Not halal
6	ENB.TOEnbridge Inc	4.05%	Not halal	Not halal	Not halal	Not halal	Not halal
7	BMO.TOBank of Montreal	3.06%	Not halal	Not halal	Not halal	Not halal	Not halal
8	AEM.TOAGNICO EAGLE MINES LTD	2.60%	Halal	Halal	Halal	Halal	Halal
9	SU.TOSuncor Energy Inc	2.51%	Halal	Halal	Halal	Halal	Halal
10	ABX.TOBARRICK MINING CORP	2.40%	Halal	Halal	Halal	Halal	Halal
11	MFC.TOManulife Financial Corp	2.24%	Not halal	Not halal	Not halal	Not halal	Not halal
12	BIP-UN.TOBROOKFIELD INFRASTRUCTURE PARTNERS LP	2.00%	Not halal	Not halal	Not halal	Not halal	Not halal
13	GWO.TOGreat-West Lifeco Inc	1.98%	Not halal	Not halal	Not halal	Not halal	Not halal
14	WCP.TOWhitecap Resources Inc	1.94%	Not halal	Halal	Halal	Halal	Not halal
15	SLF.TOSun Life Financial Inc	1.90%	Not halal	Not halal	Not halal	Not halal	Not halal
16	TRP.TOTC ENERGY CORP	1.81%	Not halal	Not halal	Not halal	Not halal	Not halal
17	GEI.TOGibson Energy Inc	1.78%	Not halal	Not halal	Not halal	Not halal	Not halal
18	IGM.TOIGM Financial Inc	1.65%	Not halal	Not halal	Not halal	Not halal	Not halal
19	CNR.TOCanadian National Railway Co	1.63%	Halal	Halal	Not halal	Not halal	Halal
20	NTR.TONUTRIEN LTD	1.61%	Not halal	Not halal	Halal	Halal	Not halal
21	MTL.TOMULLEN GROUP LTD	1.56%	Not halal	Not halal	Halal	Halal	Not halal
22	RUS.TORussel Metals Inc	1.54%	Halal	Halal	Halal	Halal	Halal
23	EIF.TOEXCHANGE INCOME CORP	1.50%	Not halal	Not halal	Not halal	Not halal	Not halal
24	BCE.TOBCE INC	1.45%	Not halal	Not halal	Not halal	Not halal	Not halal
25	QBR-B.TOQUEBECOR INC	1.43%	Not halal	Not halal	Not halal	Not halal	Not halal
26	PPL.TOPembina Pipeline Corp	1.42%	Not halal	Not halal	Not halal	Not halal	Not halal
27	CVE.TOCenovus Energy Inc	1.42%	Halal	Halal	Halal	Halal	Halal
28	EMA.TOEmera Inc	1.39%	Not halal	Not halal	Not halal	Not halal	Not halal
29	BEP-UN.TOBROOKFIELD RENEWABLE PARTNERS LP	1.39%	Not halal	Not halal	Not halal	Not halal	Not halal
30	RCI-B.TORogers Communications Inc	1.37%	Not halal	Not halal	Not halal	Not halal	Not halal
31	CU.TOCanadian Utilities Ltd	1.20%	Not halal	Not halal	Not halal	Not halal	Not halal
32	LUG.TOLUNDIN GOLD INC	1.15%	Halal	Halal	Not halal	Not halal	Halal
33	CSH-UN.TOChartwell Retirement ResidenceCES	1.14%	Not halal	Not halal	Not halal	Not halal	Not halal
34	L.TOLoblaw Cos Ltd	1.14%	Not halal	Not halal	Not halal	Not halal	Not halal
35	BAM.TOBROOKFIELD ASSET MANAGEMENT LTD	1.11%	Not halal	Not halal	Not halal	Not halal	Not halal
36	X.TOTMX Group Ltd	1.00%	Not halal	Not halal	Not halal	Not halal	Not halal
37	FNV.TOFRANCO-NEVADA CORP	0.97%	Halal	Halal	Halal	Halal	Halal
38	PEY.TOPEYTO EXPLORATION & DEVELOPMENT CORP	0.93%	Not halal	Halal	Halal	Halal	Halal
39	DPM.TODPM METALS INC	0.92%	Halal	Halal	Halal	Halal	Halal
40	K.TOKINROSS GOLD CORP	0.91%	Halal	Halal	Halal	Halal	Halal
41	ATD.TOAlimentation Couche-Tard Inc	0.90%	Halal	Halal	Halal	Halal	Halal
42	DIR-UN.TODream Industrial Real Estate Investment Trust	0.85%	Not halal	Not halal	Not halal	Not halal	Not halal
43	CTC-A.TOCanadian Tire Corp Ltd	0.84%	Not halal	Not halal	Not halal	Not halal	Not halal
44	SIA.TOSienna Senior Living Inc	0.82%	Not halal	Not halal	Not halal	Not halal	Not halal
45	WPM.TOWHEATON PRECIOUS METALS CORP	0.79%	Halal	Halal	Halal	Halal	Halal
46	GRT-UN.TOGranite Real EstateNT TRUST	0.75%	Not halal	Not halal	Not halal	Not halal	Not halal
47	HWX.TOHEADWATER EXPLORATION INC	0.72%	Halal	Halal	Halal	Halal	Halal
48	NWC.TONORTH WEST CO INC/THE	0.68%	Halal	Halal	Halal	Halal	Halal
49	CRR-UN.TOCrombie Real Estate Investment Trust	0.63%	Not halal	Not halal	Not halal	Not halal	Not halal
50	CCL-B.TOCCL Industries Inc	0.61%	Halal	Halal	Halal	Halal	Halal

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

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