Is Principal Healthcare Innovators ETF halal to invest in?

As of September 2026, Principal Healthcare Innovators ETF BTEC is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Principal Healthcare Innovators ETF a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Principal Healthcare Innovators ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Principal Healthcare Innovators ETF updated?

The Shariah compliance status of Principal Healthcare Innovators ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Principal Healthcare Innovators ETF become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of Principal Healthcare Innovators ETF?

You can check the latest Shariah compliance status of Principal Healthcare Innovators ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Principal Healthcare Innovators ETF BTEC

BTEC Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Principal Healthcare Innovators ETF is classified as not halal.

NOT HALAL

Is Principal Healthcare Innovators ETF Halal?

Shariah Compliance Analysis of BTEC ETF

US Equity Health Care

No. As of September 2026, Principal Healthcare Innovators ETF (BTEC) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Principal Healthcare Innovators ETF does not pass Musaffa's business and financial screening criteria.

BTEC was created on 2016-08-19 by Principal. The fund's investment portfolio concentrates primarily on health care equity. The ETF currently has 16.05m in AUM and 265 holdings. BTEC is actively managed to hold equities of small- and mid-cap healthcare firms in the US. The fund uses a proprietary, quantitative model to construct the portfolio.

Principal Healthcare Innovators ETF (BTEC) Chart

Key Statistics of Principal Healthcare Innovators ETF (BTEC)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
99.37%
Other
0.63%

FAQ's for Principal Healthcare Innovators ETF (BTEC)

As of September 2026, Principal Healthcare Innovators ETF BTEC is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Principal Healthcare Innovators ETF using these criteria to determine its compliance status.
The Shariah compliance status of Principal Healthcare Innovators ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of Principal Healthcare Innovators ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.