BMO — Bank of Montreal

Conventional bank; core business is interest-based lending.

Why?

Bank of Montreal is a conventional commercial bank whose core business is interest-based lending and banking services, excluding it under the business-activity screen.

How this was screened

Primary basis: Business-activity screen.

References

• Screened against commonly applied Islamic finance criteria (business-activity exclusions plus AAOIFI-influenced financial ratio thresholds); exact methodology varies by provider (e.g. AAOIFI, S&P/Dow Jones Islamic Market, MSCI Islamic).

As of: 2026-09-06

This is informational guidance only, not investment advice or a certified Sharia determination. Financial ratios shift every quarter — always verify current figures with a dedicated Islamic screening service or qualified financial and religious advisor before making investment decisions.