Is John Hancock Multifactor Healthcare ETF halal to invest in?

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

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

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

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

John Hancock Multifactor Healthcare ETF JHMH

JHMH Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is John Hancock Multifactor Healthcare ETF Halal?

Shariah Compliance Analysis of JHMH ETF

US Equity Health Care

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

JHMH was created on 2015-09-29 by John Hancock. The fund's investment portfolio concentrates primarily on health care equity. The ETF currently has 23.44m in AUM and 123 holdings. JHMH tracks an index composed of US health care stocks, with heavier weighting toward smaller-cap, lower-relative-price and higher-profitability companies.

John Hancock Multifactor Healthcare ETF (JHMH) Chart

Key Statistics of John Hancock Multifactor Healthcare ETF (JHMH)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
98.44%
Other
0.99%
Consumer Discretionary
0.57%

FAQ's for John Hancock Multifactor Healthcare ETF (JHMH)

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