Is Tema Heart & Health ETF halal to invest in?

As of September 2026, Tema Heart & Health ETF HRTS 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 Tema Heart & Health 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 Tema Heart & Health ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Tema Heart & Health ETF updated?

The Shariah compliance status of Tema Heart & Health 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 Tema Heart & Health 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 Tema Heart & Health ETF?

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

Tema Heart & Health ETF HRTS

HRTS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Tema Heart & Health ETF is classified as not halal.

NOT HALAL

Is Tema Heart & Health ETF Halal?

Shariah Compliance Analysis of HRTS ETF

US Equity Health Care

No. As of September 2026, Tema Heart & Health ETF (HRTS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Tema Heart & Health ETF does not pass Musaffa's business and financial screening criteria.

HRTS was created on 2023-11-21 by Tema. The fund's investment portfolio concentrates primarily on health care equity. The ETF currently has 55.2m in AUM and 46 holdings. HRTS is an actively managed fund that concentrates on companies focused on the treatment of cardiovascular diseases and/or metabolic diseases from companies all around the world. Using both top-down and bottom-up stock selection, the fund identifies innovative companies deemed attractive.

Tema Heart & Health ETF (HRTS) Chart

Key Statistics of Tema Heart & Health ETF (HRTS)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
95.42%
Other
3.60%
Financials
0.98%

FAQ's for Tema Heart & Health ETF (HRTS)

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