As of September 2026, Harbor Health Care ETF is classified as not halal.
NOT HALAL
Is Harbor Health Care ETF Halal?
Shariah Compliance Analysis of MEDI ETF
US Equity Health Care
No. As of September 2026, Harbor Health Care ETF (MEDI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Harbor Health Care ETF does not pass Musaffa's business and financial screening criteria.
MEDI was created on 2022-11-17 by Harbor. The fund's investment portfolio concentrates primarily on health care equity. MEDI seeks long-term capital growth by actively managing a narrow portfolio of stocks engaged in the health care sector globally.
Harbor Health Care ETF (MEDI) Chart
Key Statistics of Harbor Health Care ETF (MEDI)
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FAQ's for Harbor Health Care ETF (MEDI)
As of September 2026, Harbor Health Care ETF MEDI 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 Harbor Health Care ETF using these criteria to determine its compliance status.
The Shariah compliance status of Harbor Health Care 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 Harbor Health Care ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.