Is Fidelity MSCI Health Care Index ETF halal to invest in?

As of September 2026, Fidelity MSCI Health Care Index ETF FHLC 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 Fidelity MSCI Health Care Index 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 Fidelity MSCI Health Care Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Fidelity MSCI Health Care Index ETF updated?

The Shariah compliance status of Fidelity MSCI Health Care Index 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 Fidelity MSCI Health Care Index 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 Fidelity MSCI Health Care Index ETF?

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

Fidelity MSCI Health Care Index ETF FHLC

FHLC Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Fidelity MSCI Health Care Index ETF is classified as not halal.

NOT HALAL

Is Fidelity MSCI Health Care Index ETF Halal?

Shariah Compliance Analysis of FHLC ETF

US Equity Health Care

No. As of September 2026, Fidelity MSCI Health Care Index ETF (FHLC) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Fidelity MSCI Health Care Index ETF does not pass Musaffa's business and financial screening criteria.

FHLC was created on 2013-10-21 by Fidelity. The fund's investment portfolio concentrates primarily on health care equity. FHLC tracks a market-cap-weighted index of stocks in the broad US health care sector.

Fidelity MSCI Health Care Index ETF (FHLC) Chart

Key Statistics of Fidelity MSCI Health Care Index ETF (FHLC)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
99.44%
Other
0.56%

FAQ's for Fidelity MSCI Health Care Index ETF (FHLC)

As of September 2026, Fidelity MSCI Health Care Index ETF FHLC 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 Fidelity MSCI Health Care Index ETF using these criteria to determine its compliance status.
The Shariah compliance status of Fidelity MSCI Health Care Index 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 Fidelity MSCI Health Care Index ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.