Is Harbor Human Capital Factor US Small Cap ETF halal to invest in?

As of September 2026, Harbor Human Capital Factor US Small Cap ETF HAPS 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 Harbor Human Capital Factor US Small Cap 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 Harbor Human Capital Factor US Small Cap ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Harbor Human Capital Factor US Small Cap ETF updated?

The Shariah compliance status of Harbor Human Capital Factor US Small Cap 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 Harbor Human Capital Factor US Small Cap 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 Harbor Human Capital Factor US Small Cap ETF?

You can check the latest Shariah compliance status of Harbor Human Capital Factor US Small Cap ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Harbor Human Capital Factor US Small Cap ETF HAPS

HAPS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Harbor Human Capital Factor US Small Cap ETF is classified as not halal.

NOT HALAL

Is Harbor Human Capital Factor US Small Cap ETF Halal?

Shariah Compliance Analysis of HAPS ETF

US Equity Small Cap

No. As of September 2026, Harbor Human Capital Factor US Small Cap ETF (HAPS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Harbor Human Capital Factor US Small Cap ETF does not pass Musaffa's business and financial screening criteria.

HAPS was created on 2023-04-12 by Harbor. The fund's investment portfolio concentrates primarily on small cap equity. HAPS tracks a market cap-weighted index of small-cap US stocks believed to possess a strong corporate culture relating to financial performance. Holdings are reweighed to meet sector neutrality.

Harbor Human Capital Factor US Small Cap ETF (HAPS) Chart

Key Statistics of Harbor Human Capital Factor US Small Cap ETF (HAPS)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
17.25%
Financials
17.19%
Industrials
16.80%
Information Technology
14.51%
Consumer Discretionary
12.69%
Real Estate
7.30%
Materials
4.01%
Energy
3.31%
Utilities
2.42%
Communication Services
2.31%
Consumer Staples
1.67%
Other
0.54%

FAQ's for Harbor Human Capital Factor US Small Cap ETF (HAPS)

As of September 2026, Harbor Human Capital Factor US Small Cap ETF HAPS 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 Harbor Human Capital Factor US Small Cap ETF using these criteria to determine its compliance status.
The Shariah compliance status of Harbor Human Capital Factor US Small Cap 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 Harbor Human Capital Factor US Small Cap ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.