XEG — iShares S&P/TSX Capped Energy Index ETF

Concentrated in oil & gas producers, but with no Sharia screening applied.

Why?

XEG concentrates in Canadian oil and gas producers. Oil and gas extraction is generally treated as a permissible commodity business, but the fund applies no financial-ratio screening to its holdings, so compliance of the fund as a whole cannot be assured without individually verifying each constituent's balance sheet.

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.