Is John Hancock Preferred Income Fund II halal to invest in?

According to Musaffa's Shariah screening methodology, John Hancock Preferred Income Fund II (HPF) is currently classified as NOT HALAL as of December 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is John Hancock Preferred Income Fund II a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes John Hancock Preferred Income Fund II using these criteria to determine its compliance status.

Can Muslims buy shares of John Hancock Preferred Income Fund II?

Muslim investors may consider investing in John Hancock Preferred Income Fund II if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is John Hancock Preferred Income Fund II classified as NOT HALAL?

Musaffa determines the Shariah status of John Hancock Preferred Income Fund II by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for John Hancock Preferred Income Fund II updated?

The Shariah compliance status of John Hancock Preferred Income Fund II may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like John Hancock Preferred Income Fund II become non-compliant?

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.

Where can I check the Shariah status of John Hancock Preferred Income Fund II?

You can check the latest Shariah compliance status of John Hancock Preferred Income Fund II on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

HPF Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 30, 2025

Report Source: 2025 Annual Report

John Hancock Preferred Income Fund II. Stock Analysis HPF

United States N/A Small Cap Report: 2025 Annual

John Hancock Preferred Income Fund II is a US-based company operating in industry. The company is headquartered in Boston, Massachusetts. The company went IPO on 2002-11-26. John Hancock Preferred Income Fund II (the Fund) is a closed-end management investment company. The Fund’s primary investment objective is to provide a high level of current income, consistent with preservation of capital. The Fund’s secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. The Fund seeks to achieve its objectives by investing in securities that, in the opinion of the Advisor, may be undervalued relative to similar securities in the marketplace. The Fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in preferred stocks and other preferred securities, including convertible preferred securities. The Fund's investment portfolio includes communication services, consumer discretionary, financials, industrials, real estate, utilities, consumer staples, energy, and others. The Fund’s investment advisor is John Hancock Investment Management LLC.

Key Statistics of John Hancock Preferred Income Fund II (HPF)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$15.80$16.00

Today's Open

$15.96

Volume

52.56K

P/E Ratio (TTM)

52 Week Range

$15.07$17.13

Market Cap

341.65M

Avg. Volume

34.05K

Dividend Yield

Financial Metrics & Statements of John Hancock Preferred Income Fund II (HPF)

FAQ's for John Hancock Preferred Income Fund II (HPF)

According to Musaffa’s Shariah screening methodology, John Hancock Preferred Income Fund II (HPF) is currently classified as NOT HALAL as of December 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.