Is Harvest ESG Equity Income Index ETF Class A halal to invest in?

As of October 2026, Harvest ESG Equity Income Index ETF Class A HESG.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 Harvest ESG Equity Income Index ETF Class A 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 Harvest ESG Equity Income Index ETF Class A using these criteria to determine its compliance status.

How often is the Shariah compliance for Harvest ESG Equity Income Index ETF Class A updated?

The Shariah compliance status of Harvest ESG Equity Income Index ETF Class A may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Harvest ESG Equity Income Index ETF Class A 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 Harvest ESG Equity Income Index ETF Class A?

You can check the latest Shariah compliance status of Harvest ESG Equity Income Index ETF Class A on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

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Harvest ESG Equity Income Index ETF Class A HESG.TO

Is Harvest ESG Equity Income Index ETF Class A Halal?

Shariah Compliance Analysis of HESG.TO ETF

No. As of October 2026, Harvest ESG Equity Income Index ETF Class A (HESG.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

HESG.TO was created on 2022-09-22 by Harvest ETFs. The fund's investment portfolio concentrates primarily on total market equity. The ETF seeks to track, to the extent reasonably possible before fees and expenses, the performance of the Solactive ESG US Equity Index TR or any successor thereto, while mitigating downside risk.

HESG.TO Shariah Compliance

As of October 2026, Harvest ESG Equity Income Index ETF Class A is classified as not halal.

NOT HALAL

Harvest ESG Equity Income Index ETF Class A (HESG.TO) Chart

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