As of September 2026, Eaton Vance High Yield ETF is classified as not halal.
NOT HALAL
Is Eaton Vance High Yield ETF Halal?
Shariah Compliance Analysis of EVHY ETF
US Fixed Income High Yield
No. As of September 2026, Eaton Vance High Yield ETF (EVHY) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Eaton Vance High Yield ETF does not pass Musaffa's business and financial screening criteria.
EVHY was created on 2023-10-16 by Eaton Vance. The fund's investment portfolio concentrates primarily on high yield fixed income. EVHY is actively managed, investing in a broad portfolio of US corporate high yield debt securities with varying maturities. The fund aims for high levels of income and capital growth.
Eaton Vance High Yield ETF (EVHY) Chart
Key Statistics of Eaton Vance High Yield ETF (EVHY)
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FAQ's for Eaton Vance High Yield ETF (EVHY)
As of September 2026, Eaton Vance High Yield ETF EVHY 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 Eaton Vance High Yield ETF using these criteria to determine its compliance status.
The Shariah compliance status of Eaton Vance High Yield 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 Eaton Vance High Yield ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.