Is Horizon Kinetics Medical ETF halal to invest in?

As of September 2026, Horizon Kinetics Medical ETF MEDX is classified as 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 Horizon Kinetics Medical 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 Horizon Kinetics Medical ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Horizon Kinetics Medical ETF updated?

The Shariah compliance status of Horizon Kinetics Medical 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 Horizon Kinetics Medical 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 Horizon Kinetics Medical ETF?

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

Horizon Kinetics Medical ETF MEDX

MEDX Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Horizon Kinetics Medical ETF is classified as halal.

HALAL

Is Horizon Kinetics Medical ETF Halal?

Shariah Compliance Analysis of MEDX ETF

US Equity Health Care

Yes. As of September 2026, Horizon Kinetics Medical ETF (MEDX) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Horizon Kinetics Medical ETF passes Musaffa's business and financial screening criteria.

MEDX was created on 2023-01-30 by Horizons. The fund's investment portfolio concentrates primarily on health care equity. The ETF currently has 19.0m in AUM and 32 holdings. MEDX actively invests in global companies within the broad health care sector. Stock selection and weighting emphasizes those invested in cancer research and pharmaceutical developments.

Horizon Kinetics Medical ETF (MEDX) Chart

Key Statistics of Horizon Kinetics Medical ETF (MEDX)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Health Care
79.89%
Other
20.11%

FAQ's for Horizon Kinetics Medical ETF (MEDX)

As of September 2026, Horizon Kinetics Medical ETF MEDX is classified as 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 Horizon Kinetics Medical ETF using these criteria to determine its compliance status.
The Shariah compliance status of Horizon Kinetics Medical 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 Horizon Kinetics Medical ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.