Is Harbor Human Capital Factor Unconstrained ETF halal to invest in?

As of September 2026, Harbor Human Capital Factor Unconstrained ETF HAPY 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 Unconstrained 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 Unconstrained ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Harbor Human Capital Factor Unconstrained ETF updated?

The Shariah compliance status of Harbor Human Capital Factor Unconstrained 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 Unconstrained 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 Unconstrained ETF?

You can check the latest Shariah compliance status of Harbor Human Capital Factor Unconstrained 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 Unconstrained ETF HAPY

HAPY Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is Harbor Human Capital Factor Unconstrained ETF Halal?

Shariah Compliance Analysis of HAPY ETF

US Equity Large Cap

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

HAPY was created on 2022-02-23 by Harbor. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 3.67m in AUM and 72 holdings. HAPY tracks an equal-weighted index of US-listed large-cap companies scoring highest in terms of a quantitative measure that ties corporate culture to financial performance.

Harbor Human Capital Factor Unconstrained ETF (HAPY) Chart

Key Statistics of Harbor Human Capital Factor Unconstrained ETF (HAPY)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
36.63%
Financials
20.88%
Industrials
12.48%
Real Estate
7.48%
Consumer Discretionary
5.53%
Utilities
3.89%
Health Care
3.61%
Energy
3.20%
Materials
2.72%
Communication Services
2.44%
Consumer Staples
1.15%

FAQ's for Harbor Human Capital Factor Unconstrained ETF (HAPY)

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