Is JHS halal?
John Hancock Income Securities
Not halal
John Hancock Income Securities did not pass AAOIFI screening. The failed check is shown below.
Checked: 16 October 2026
Exchange
NYSE
Price
10.2
Day
+0.00%
Market cap
$118.9M
Industry
Asset Management
Sector
Financial Services
What the company does
John Hancock Income Securities Trust is NOT an operating company but a closed-end fund investing mainly in corporate bonds; its income is interest.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
Prohibited activity: Asset Management
Interest-bearing debt / market cap
limit 30%
—
No data
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $236.65M ÷ current market cap $118.85M = 199.1%
199.1%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $12.38M ÷ annual revenue $11.37M (2025) = 108.8%
108.8%
Fail
Figures from the company's filings (2024-10-31), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict.
Note: the screener found the latest filing to be stale — the verdict rests on old data.
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
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- Halal investingBlogWhy a company's cash affects whether its stock is halalLots of cash sounds like a good sign — but halal screening checks it separately. What counts, what doesn't, and where we are stricter than AAOIFI.
- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.