Is John Hancock Financial Opportunities Fund (BTO) halal? Not Halal. Based on AAOIFI screening, John Hancock Financial Opportunities Fund has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

John Hancock Financial Opportunities Fund

BTO: Is John Hancock Financial Opportunities Fund Halal?

Not Halal

John Hancock Financial Opportunities Fund

NYSEFinancial ServicesUS

$36.75

+1.30%

About John Hancock Financial Opportunities Fund

John Hancock Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets across the globe. It seeks to invest in the stocks of companies operating across the financial services sector. The fund invests in companies across all market capitalizations. It benchmarks the performance of its portfolio against the S&P Composite 1500 Banks Index. The fund was formerly known as John Hancock Bank and Thrift Opportunity Fund. John Hancock Financial Opportunities Fund was formed on August 23, 1994 and is domiciled in the United States.

Sector: Financial Services 路 Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 11, 2026
F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

  • Basket-weighted haram holdings exceed 5% (87.1%)

Basket Composition

69% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

87%
12%
Halal1%
Doubtful0%
Haram87%
Unknown12%

Top Holdings

ONBOld National Bancorpharam2.22%PNFPPinnacle Financial Partners Inc.haram2.16%BPOPPopular Inc.haram1.81%CFGCitizens Financial Group Inc.haram1.69%WSFSWSFS Financial Corporationharam1.68%MandT Bank Corporationunknown1.67%HWCHancock Whitney Corporationharam1.65%CFRCullen/Frost Bankers Inc.haram1.64%ABCBAmeris Bancorpharam1.62%NICNicolet Bankshares Inc.haram1.62%

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Under Review

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 11, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

Financial Overview

Market Cap

728.3M

Price

$36.75

Sector

Financial Services

Industry

Asset Management

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

SPDR Gold Shares
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iShares Silver Trust

$60.61

+0.47%

AllianceBernstein Holding L.P.
ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

Inflection Point Acquisition Corp. III
IPCXA+

Inflection Point Acquisition Corp. III

$10.31

+0.00%

Axiom Intelligence Acquisition Corp 1
AXINA+

Axiom Intelligence Acquisition Corp 1

$10.42

+0.29%

More Financial Services Stocks

JPM

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BAC

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WFC

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Frequently Asked Questions

Is John Hancock Financial Opportunities Fund (BTO) halal to invest in?
John Hancock Financial Opportunities Fund (BTO) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did John Hancock Financial Opportunities Fund get a F compliance rating?
John Hancock Financial Opportunities Fund's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.
What could change John Hancock Financial Opportunities Fund's Shariah verdict?
John Hancock Financial Opportunities Fund's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.
How often is John Hancock Financial Opportunities Fund re-screened for Shariah compliance?
John Hancock Financial Opportunities Fund (BTO) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 11, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.