Is John Hancock Preferred Income ETF halal to invest in?

As of September 2026, John Hancock Preferred Income ETF JHPI 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 Preferred Income 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 Preferred Income ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for John Hancock Preferred Income ETF updated?

The Shariah compliance status of John Hancock Preferred Income 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 Preferred Income 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 Preferred Income ETF?

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

John Hancock Preferred Income ETF JHPI

JHPI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, John Hancock Preferred Income ETF is classified as not halal.

NOT HALAL

Is John Hancock Preferred Income ETF Halal?

Shariah Compliance Analysis of JHPI ETF

US Fixed Income Broad Credit

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

JHPI was created on 2021-12-14 by John Hancock. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 123.52m in AUM and 191 holdings. JHPI is an actively managed fund that attempts to generate income by primarily investing in preferred securities in the US market.

John Hancock Preferred Income ETF (JHPI) Chart

Key Statistics of John Hancock Preferred Income ETF (JHPI)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Other
97.09%
Financials
1.56%
Consumer Discretionary
0.79%
Utilities
0.56%

FAQ's for John Hancock Preferred Income ETF (JHPI)

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