Is Parametric Hedged Equity ETF halal to invest in?

As of September 2026, Parametric Hedged Equity ETF PHEQ 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 Parametric Hedged Equity 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 Parametric Hedged Equity ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Parametric Hedged Equity ETF updated?

The Shariah compliance status of Parametric Hedged Equity 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 Parametric Hedged Equity 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 Parametric Hedged Equity ETF?

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

Parametric Hedged Equity ETF PHEQ

PHEQ Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Parametric Hedged Equity ETF is classified as not halal.

NOT HALAL

Is Parametric Hedged Equity ETF Halal?

Shariah Compliance Analysis of PHEQ ETF

US Equity Large Cap

No. As of September 2026, Parametric Hedged Equity ETF (PHEQ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Parametric Hedged Equity ETF does not pass Musaffa's business and financial screening criteria.

PHEQ was created on 2023-10-16 by Parametric. The fund's investment portfolio concentrates primarily on large cap equity. PHEQ invests in individual US large-cap stocks while utilizing a laddered options strategy to mitigate losses. The option strategy caps the potential upside participation.

Parametric Hedged Equity ETF (PHEQ) Chart

Key Statistics of Parametric Hedged Equity ETF (PHEQ)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
27.61%
Health Care
11.42%
Financials
10.90%
Consumer Discretionary
9.57%
Other
8.86%
Industrials
8.29%
Communication Services
7.44%
Consumer Staples
5.64%
Energy
3.73%
Materials
2.32%
Utilities
2.19%
Real Estate
2.03%

FAQ's for Parametric Hedged Equity ETF (PHEQ)

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