Is Middlefield Health & Wellness ETF Trust Units halal to invest in?

As of September 2026, Middlefield Health & Wellness ETF Trust Units HWF.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 Middlefield Health & Wellness ETF Trust Units 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 Middlefield Health & Wellness ETF Trust Units using these criteria to determine its compliance status.

How often is the Shariah compliance for Middlefield Health & Wellness ETF Trust Units updated?

The Shariah compliance status of Middlefield Health & Wellness ETF Trust Units may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Middlefield Health & Wellness ETF Trust Units 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 Middlefield Health & Wellness ETF Trust Units?

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

Middlefield Health & Wellness ETF Trust Units HWF.TO

HWF.TO Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Middlefield Health & Wellness ETF Trust Units is classified as not halal.

NOT HALAL

Is Middlefield Health & Wellness ETF Trust Units Halal?

Shariah Compliance Analysis of HWF.TO ETF

CA Equity Health Care

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

HWF.TO was created on 2016-10-20 by Middlefield. The fund's investment portfolio concentrates primarily on health care equity. The ETF currently has 45.61m in AUM and 33 holdings. The investment objectives of Wellness are to provide Wellness Unitholders with: (a) stable monthly cash distributions.

Middlefield Health & Wellness ETF Trust Units (HWF.TO) Chart

Key Statistics of Middlefield Health & Wellness ETF Trust Units (HWF.TO)

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FAQ's for Middlefield Health & Wellness ETF Trust Units (HWF.TO)

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