As of August 2026, John Hancock Diversified Income Fund is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
John Hancock Diversified Income Fund. Stock Analysis HEQ
United States N/A Micro Cap
John Hancock Diversified Income Fund is a US-based company operating in industry. The company is headquartered in Boston, Massachusetts. The company went IPO on 2011-05-26. John Hancock Diversified Income Fund (the Fund) is a closed-end management investment company. The Fund's investment objective is to provide a total return with a focus on current income and gains and also consists of long-term capital appreciation. Under normal circumstances, the fund will invest at least 25% of its net assets (assets plus borrowings for investment purposes) in equity and equity-related securities and at least 25% in fixed-income securities and fixed-income related instruments. Equity and equity-related securities include common stock, preferred stock, depositary receipts (including American Depositary Receipts and Global Depositary Receipts), index-related securities (including exchange traded funds, options on equity securities and equity indexes, real estate investment structures), convertible securities, private placements, convertible preferred stock, warrants, and other equity equivalents. The Fund's investment advisor is John Hancock Investment Management LLC.
John Hancock Diversified Income Fund (HEQ) Chart
Financial Metrics & Statements of John Hancock Diversified Income Fund (HEQ)
FAQ's for John Hancock Diversified Income Fund (HEQ)
As of August 2026, John Hancock Diversified Income Fund HEQ 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.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes John Hancock Diversified Income Fund using these criteria to determine its compliance status.
Muslim investors may consider investing in John Hancock Diversified Income Fund if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of John Hancock Diversified Income Fund by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of John Hancock Diversified Income Fund may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of John Hancock Diversified Income Fund on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for John Hancock Diversified Income Fund (HEQ)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.