Is Horizon Expedition Plus ETF halal to invest in?

As of September 2026, Horizon Expedition Plus ETF HBTA 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 Horizon Expedition Plus 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 Horizon Expedition Plus ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Horizon Expedition Plus ETF updated?

The Shariah compliance status of Horizon Expedition Plus 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 Horizon Expedition Plus 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 Horizon Expedition Plus ETF?

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

Horizon Expedition Plus ETF HBTA

HBTA Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Horizon Expedition Plus ETF is classified as not halal.

NOT HALAL

Is Horizon Expedition Plus ETF Halal?

Shariah Compliance Analysis of HBTA ETF

US Equity Large Cap

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

HBTA was created on 2025-01-22 by Horizon. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 101.5m in AUM and 201 holdings. HBTA is an actively managed fund of large-cap US companies combined with an options strategy with the aim of providing overall total return. The fund pursues strategic portfolio allocation, along with active security selection.

Horizon Expedition Plus ETF (HBTA) Chart

Key Statistics of Horizon Expedition Plus ETF (HBTA)

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FAQ's for Horizon Expedition Plus ETF (HBTA)

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