Is Horizons Active Emerging Markets Bond ETF halal to invest in?

As of September 2026, Horizons Active Emerging Markets Bond ETF HEMB.TO 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 Horizons Active Emerging Markets Bond 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 Horizons Active Emerging Markets Bond ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Horizons Active Emerging Markets Bond ETF updated?

The Shariah compliance status of Horizons Active Emerging Markets Bond 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 Horizons Active Emerging Markets Bond 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 Horizons Active Emerging Markets Bond ETF?

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

Horizons Active Emerging Markets Bond ETF HEMB.TO

HEMB.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Horizons Active Emerging Markets Bond ETF is classified as not halal.

NOT HALAL

Is Horizons Active Emerging Markets Bond ETF Halal?

Shariah Compliance Analysis of HEMB.TO ETF

CA Fixed Income Broad Credit

No. As of September 2026, Horizons Active Emerging Markets Bond ETF (HEMB.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Horizons Active Emerging Markets Bond ETF does not pass Musaffa's business and financial screening criteria.

HEMB.TO was created on 2018-07-31 by Horizons. The fund's investment portfolio concentrates primarily on broad credit fixed income. The investment objective of Horizons HEMB.TO is to seek income and long-term capital growth by investing primarily in debt (including debt-like securities) of emerging market issuers. Horizons HEMB.TO will invest in both fixed rate and floating rate instruments issued by sovereign, quasi sovereign, supranational, and corporate issuers.

Horizons Active Emerging Markets Bond ETF (HEMB.TO) Chart

Key Statistics of Horizons Active Emerging Markets Bond ETF (HEMB.TO)

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FAQ's for Horizons Active Emerging Markets Bond ETF (HEMB.TO)

As of September 2026, Horizons Active Emerging Markets Bond ETF HEMB.TO 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 Horizons Active Emerging Markets Bond ETF using these criteria to determine its compliance status.
The Shariah compliance status of Horizons Active Emerging Markets Bond 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 Horizons Active Emerging Markets Bond ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.