Is John Hancock Multifactor Consumer Staples ETF halal to invest in?

As of September 2026, John Hancock Multifactor Consumer Staples ETF JHMS 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 Consumer Staples 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 Consumer Staples ETF using these criteria to determine its compliance status.

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

The Shariah compliance status of John Hancock Multifactor Consumer Staples 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 Consumer Staples 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 Consumer Staples ETF?

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

John Hancock Multifactor Consumer Staples ETF JHMS

JHMS Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is John Hancock Multifactor Consumer Staples ETF Halal?

Shariah Compliance Analysis of JHMS ETF

US Equity Consumer Staples

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

JHMS was created on 2016-03-28 by John Hancock. The fund's investment portfolio concentrates primarily on consumer staples equity. The ETF currently has 38.28m in AUM and 52 holdings. JHMS tracks an index of large- and mid-cap of US equities from the consumer staples sector. Stocks are selected by market cap and weighted by multiple factors: size, value, profitability, and momentum.

John Hancock Multifactor Consumer Staples ETF (JHMS) Chart

Key Statistics of John Hancock Multifactor Consumer Staples ETF (JHMS)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Consumer Staples
94.80%
Materials
2.64%
Consumer Discretionary
1.74%
Other
0.82%

FAQ's for John Hancock Multifactor Consumer Staples ETF (JHMS)

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