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BMO SIA Focused Canadian Equity Fund (ETF Series)

ZFC.TO

BMO

BMO SIA Focused Canadian Equity Fund (ETF Series) (ZFC.TO) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 93.24%. 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: 93.24%
  • Halal 16.58%
  • Doubtful 0.00%
  • Not halal 76.66%
  • Not rated 6.76%

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
0.84%
AUM
75.66M CAD
Holdings
16 (16 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

RulebookVerdictHalalNot halalSplit (0–100%)
Akinda fund screen (AAOIFI)Not halal16.58%76.66%
DJIMNot halal16.58%76.66%
FTSENot halal33.66%59.58%
MSCINot halal33.66%59.58%
S&PNot halal16.58%76.66%

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

1–16 of 16 holdings, largest first · basket as of 23 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
BMO.TOBank of Montreal
6.29%Not halalNot halalNot halalNot halalNot halal
2
CM.TOCanadian Imperial Bank Of Commerce
6.25%Not halalNot halalNot halalNot halalNot halal
3
POW.TOPower Corporation of Canada
6.22%Not halalNot halalNot halalNot halalNot halal
4
EIF.TOExchange Income Corporation
6.19%Not halalNot halalNot halalNot halalNot halal
5
TVE.TOTamarack Valley Energy Ltd.
6.10%HalalHalalHalalHalalHalal
6
AC.TOAir Canada
6.08%Not halalNot halalHalalHalalNot halal
7
ALA.TOAltagas Ltd.
6.07%Not halalNot halalNot halalNot halalNot halal
8
IGM.TOIgm Financial Inc.
6.00%Not halalNot halalNot halalNot halalNot halal
9
CVE.TOCenovus Energy Inc.
5.92%HalalHalalHalalHalalHalal
10
MG.TOMagna International Inc.
5.91%Not halalNot halalHalalHalalNot halal
11
IAG.TOiA Financial Corporation Inc.
5.85%Not halalNot halalNot halalNot halalNot halal
12
SOBO.TOSouth Bow Corporation
5.80%Not halalNot halalNot halalNot halalNot halal
13
NA.TONational Bank of Canada
5.74%Not halalNot halalNot halalNot halalNot halal
14
SANBanco Santander, S.A.
5.17%Not halalNot halalNot halalNot halalNot halal
15
FM.TOFirst Quantum Minerals Ltd.
5.09%Not halalNot halalHalalHalalNot halal
16
WPM.TOWheaton Precious Metals Corp.
4.56%HalalHalalHalalHalalHalal

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

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