Is John Hancock Multifactor Large Cap ETF halal to invest in?

As of September 2026, John Hancock Multifactor Large Cap ETF JHML 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 Large Cap 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 Large Cap ETF using these criteria to determine its compliance status.

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

The Shariah compliance status of John Hancock Multifactor Large Cap 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 Large Cap 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 Large Cap ETF?

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

John Hancock Multifactor Large Cap ETF JHML

JHML Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is John Hancock Multifactor Large Cap ETF Halal?

Shariah Compliance Analysis of JHML ETF

US Equity Large Cap

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

JHML was created on 2015-09-28 by John Hancock. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 1051.23m in AUM and 784 holdings. JHML tracks an index of largest 800 US firms, weighted by multiple factors relative to their sector peers.

John Hancock Multifactor Large Cap ETF (JHML) Chart

Key Statistics of John Hancock Multifactor Large Cap ETF (JHML)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
22.80%
Financials
13.85%
Industrials
12.43%
Health Care
11.70%
Consumer Discretionary
10.08%
Communication Services
6.43%
Consumer Staples
5.90%
Energy
4.86%
Materials
3.97%
Utilities
3.46%
Real Estate
2.69%
Other
1.83%

FAQ's for John Hancock Multifactor Large Cap ETF (JHML)

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