Is John Hancock Multifactor Financials ETF halal to invest in?

As of September 2026, John Hancock Multifactor Financials ETF JHMF 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 John Hancock Multifactor Financials 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 John Hancock Multifactor Financials ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for John Hancock Multifactor Financials ETF updated?

The Shariah compliance status of John Hancock Multifactor Financials 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 John Hancock Multifactor Financials 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 John Hancock Multifactor Financials ETF?

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

John Hancock Multifactor Financials ETF JHMF

JHMF Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, John Hancock Multifactor Financials ETF is classified as not halal.

NOT HALAL

Is John Hancock Multifactor Financials ETF Halal?

Shariah Compliance Analysis of JHMF ETF

US Equity Financials

No. As of September 2026, John Hancock Multifactor Financials ETF (JHMF) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. John Hancock Multifactor Financials ETF does not pass Musaffa's business and financial screening criteria.

JHMF was created on 2015-09-28 by John Hancock. The fund's investment portfolio concentrates primarily on financials equity. The ETF currently has 16.6m in AUM and 146 holdings. JHMF tracks an index of large- and mid-cap US equities from the financial sector. Stocks are selected by market cap and weighted based on multiple factors: size, value, profitability and momentum.

John Hancock Multifactor Financials ETF (JHMF) Chart

Key Statistics of John Hancock Multifactor Financials ETF (JHMF)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Financials
81.53%
Information Technology
12.15%
Other
5.13%
Industrials
1.19%

FAQ's for John Hancock Multifactor Financials ETF (JHMF)

As of September 2026, John Hancock Multifactor Financials ETF JHMF 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 Financials ETF using these criteria to determine its compliance status.
The Shariah compliance status of John Hancock Multifactor Financials 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 Financials ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.