As of September 2026, LHA Risk-Managed Income ETF is classified as not halal.
NOT HALAL
Is LHA Risk-Managed Income ETF Halal?
Shariah Compliance Analysis of RMIF ETF
US Fixed Income Broad Credit
No. As of September 2026, LHA Risk-Managed Income ETF (RMIF) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. LHA Risk-Managed Income ETF does not pass Musaffa's business and financial screening criteria.
RMIF was created on 2023-06-09 by Little Harbor Advisors. The fund's investment portfolio concentrates primarily on broad credit fixed income. RMIF is an actively managed fund-of-funds that provides diversified coverage of fixed-income securities. The fund seeks current income and capital preservation by using proprietary analysis and a discretionary allocation approach.
LHA Risk-Managed Income ETF (RMIF) Chart
Key Statistics of LHA Risk-Managed Income ETF (RMIF)
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FAQ's for LHA Risk-Managed Income ETF (RMIF)
As of September 2026, LHA Risk-Managed Income ETF RMIF 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 LHA Risk-Managed Income ETF using these criteria to determine its compliance status.
The Shariah compliance status of LHA Risk-Managed 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 LHA Risk-Managed Income ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.