Is NYLI Healthy Hearts ETF halal to invest in?

As of September 2026, NYLI Healthy Hearts ETF HART 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 NYLI Healthy Hearts 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 NYLI Healthy Hearts ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for NYLI Healthy Hearts ETF updated?

The Shariah compliance status of NYLI Healthy Hearts 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 NYLI Healthy Hearts 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 NYLI Healthy Hearts ETF?

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

NYLI Healthy Hearts ETF HART

HART Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, NYLI Healthy Hearts ETF is classified as not halal.

NOT HALAL

Is NYLI Healthy Hearts ETF Halal?

Shariah Compliance Analysis of HART ETF

US Equity Theme

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

HART was created on 2021-01-14 by New York Life Investments. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 9.04m in AUM and 65 holdings. HART tracks a market-cap-weighted index composed of global stocks with favorable health-related ESG ratings.

NYLI Healthy Hearts ETF (HART) Chart

Key Statistics of NYLI Healthy Hearts ETF (HART)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
72.33%
Consumer Discretionary
13.52%
Information Technology
5.39%
Communication Services
4.24%
Consumer Staples
3.09%
Industrials
1.41%

FAQ's for NYLI Healthy Hearts ETF (HART)

As of September 2026, NYLI Healthy Hearts ETF HART 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 NYLI Healthy Hearts ETF using these criteria to determine its compliance status.
The Shariah compliance status of NYLI Healthy Hearts 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 NYLI Healthy Hearts ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.