XBB — iShares Core Canadian Universe Bond Index ETF
Holds conventional interest-bearing bonds.
Why?
XBB holds a broad portfolio of conventional government and corporate bonds, which are interest-bearing debt instruments excluded outright 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.