XIC — iShares Core S&P/TSX Capped Composite Index ETF

ETF · Broad Canadian Equity · TSX

Non-Compliant

Tracks nearly the entire Canadian stock market with no Sharia screening applied.

Why?

XIC tracks almost the whole Canadian equity market without any Sharia screening or exclusion mandate, so it holds conventional banks, insurers, and other non-compliant businesses alongside compliant ones.

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.