John Hancock Multifactor Consumer Discretionary ETF JHMC
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JHMC Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, John Hancock Multifactor Consumer Discretionary ETF is classified as not halal.
NOT HALAL
Is John Hancock Multifactor Consumer Discretionary ETF Halal?
Shariah Compliance Analysis of JHMC ETF
US Equity Consumer Discretionary No. As of September 2026, John Hancock Multifactor Consumer Discretionary ETF (JHMC) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. John Hancock Multifactor Consumer Discretionary ETF does not pass Musaffa's business and financial screening criteria.
JHMC was created on 2015-09-28 by John Hancock. The fund's investment portfolio concentrates primarily on consumer discretionary equity. The ETF currently has 11.28m in AUM and 106 holdings. JHMC tracks an index of US consumer discretionary stocks, weighted for exposure to four factors: small size, low relative price, high profitability and high momentum.
John Hancock Multifactor Consumer Discretionary ETF (JHMC) Chart
Key Statistics of John Hancock Multifactor Consumer Discretionary ETF (JHMC)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-Sector Exposure
- Consumer Discretionary87.90%
- Consumer Staples6.93%
- Industrials4.06%
- Other1.11%
FAQ's for John Hancock Multifactor Consumer Discretionary ETF (JHMC)
- As of September 2026, John Hancock Multifactor Consumer Discretionary ETF JHMC 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 John Hancock Multifactor Consumer Discretionary ETF using these criteria to determine its compliance status.
- The Shariah compliance status of John Hancock Multifactor Consumer Discretionary 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 John Hancock Multifactor Consumer Discretionary ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.