As of September 2026, Harbor Active Small Cap ETF is classified as not halal.
NOT HALAL
Is Harbor Active Small Cap ETF Halal?
Shariah Compliance Analysis of SMLL ETF
US Equity Small Cap
No. As of September 2026, Harbor Active Small Cap ETF (SMLL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Harbor Active Small Cap ETF does not pass Musaffa's business and financial screening criteria.
SMLL was created on 2024-08-27 by Harbor. The fund's investment portfolio concentrates primarily on small cap equity. SMLL is actively managed, investing in small capitalization companies in the US. The fund utilizes proprietary analysis to select firms that demonstrate strong cash flow and competitive advantages.
Harbor Active Small Cap ETF (SMLL) Chart
Key Statistics of Harbor Active Small Cap ETF (SMLL)
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FAQ's for Harbor Active Small Cap ETF (SMLL)
As of September 2026, Harbor Active Small Cap ETF SMLL 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 Active Small Cap ETF using these criteria to determine its compliance status.
The Shariah compliance status of Harbor Active Small Cap 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 Active Small Cap ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.