VFV — Vanguard S&P 500 Index ETF

ETF · Broad US Equity (CAD) · TSX

Non-Compliant

A CAD-denominated way to hold the S&P 500, with no Sharia screening applied.

Why?

VFV gives Canadian-dollar exposure to the S&P 500 without any Sharia screening, so — like ZSP and SPY — it holds conventional banks, insurers, and alcohol companies alongside compliant businesses.

How this was screened

Primary basis: Fund's own stated mandate.

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.