Is HCM Defender 100 Index ETF halal to invest in?

As of September 2026, HCM Defender 100 Index ETF QQH 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 HCM Defender 100 Index 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 HCM Defender 100 Index ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for HCM Defender 100 Index ETF updated?

The Shariah compliance status of HCM Defender 100 Index 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 HCM Defender 100 Index 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 HCM Defender 100 Index ETF?

You can check the latest Shariah compliance status of HCM Defender 100 Index ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

HCM Defender 100 Index ETF QQH

QQH Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, HCM Defender 100 Index ETF is classified as not halal.

NOT HALAL

Is HCM Defender 100 Index ETF Halal?

Shariah Compliance Analysis of QQH ETF

US Equity Information Technology

No. As of September 2026, HCM Defender 100 Index ETF (QQH) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. HCM Defender 100 Index ETF does not pass Musaffa's business and financial screening criteria.

QQH was created on 2019-10-10 by HCM. The fund's investment portfolio concentrates primarily on information technology equity. QQH tracks a proprietary index that toggles between technology stocks and Treasurys, or a combination of both, depending on risk in the U.S. equity market.

HCM Defender 100 Index ETF (QQH) Chart

Key Statistics of HCM Defender 100 Index ETF (QQH)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Information Technology
44.12%
Other
22.22%
Communication Services
10.43%
Consumer Discretionary
10.27%
Health Care
3.78%
Consumer Staples
3.66%
Industrials
2.79%
Materials
1.02%
Utilities
0.92%
Financials
0.37%
Energy
0.29%
Real Estate
0.13%

FAQ's for HCM Defender 100 Index ETF (QQH)

As of September 2026, HCM Defender 100 Index ETF QQH 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 HCM Defender 100 Index ETF using these criteria to determine its compliance status.
The Shariah compliance status of HCM Defender 100 Index 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 HCM Defender 100 Index ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.