What is Tekla Life Sciences Investors's Shariah compliance score?

Tekla Life Sciences Investors's (HQL) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Tekla Life Sciences Investors pass AAOIFI screening?

Tekla Life Sciences Investors (HQL) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (HQL: 0.0%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Tekla Life Sciences Investors stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Tekla Life Sciences Investors (HQL) using the latest financial data.

Where can I screen Tekla Life Sciences Investors for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Tekla Life Sciences Investors (HQL) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about HQL's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

HQL: Is Tekla Life Sciences Investors Halal?

Tekla Life Sciences Investors

NYSEFinancial ServicesUS

$19.70

+2.23%

Market Cap: 599.0M

Compliance Status

Not Halal

Screened on Aug 27, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Tekla Life Sciences Investors (HQL) halal? Not Halal. Based on AAOIFI screening, Tekla Life Sciences Investors has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Tekla Life Sciences Investors (HQL) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Aug 27, 2026. Source: https://halalscreener.app/en/stock/HQL

Basket rule

Over the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

33.1% of 5.0% limit

81% of the basket's holdings were screened individually.

About Tekla Life Sciences Investors

Tekla Life Sciences Investors, a closed-ended equity mutual fund, is expertly managed by Tekla Capital Management LLC. This U.S.-domiciled fund, which commenced operations on February 20, 1992, and was formerly known as H&Q Life Sciences Investors, seeks investment opportunities in publicly traded companies worldwide. Its primary focus lies within the broad life sciences sector, encompassing a diverse range of industries such as biotechnology, pharmaceuticals, diagnostics, managed healthcare, medical equipment, hospitals, healthcare information technology and services, and medical devices and supplies. The fund also extends its investment purview to include the agriculture and environmental management sectors. It predominantly allocates capital to growth-oriented businesses, particularly those with small market capitalizations. Investment decisions are rooted in rigorous fundamental analysis, which assesses critical factors like a company's market position for its offerings, the acumen of its management team, its technological prowess, and its capability to either self-finance expansion or attract external funding to build its portfolio. The fund's performance is gauged against two key benchmarks: the NASDAQ Biotech Index and the S&P 500 Index.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 27, 2026

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% (33.1%)

Basket Composition

81% 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.

44%

33%

19%

Halal44%

Doubtful4%

Not Halal33%

Unknown19%

Top Holdings

INSMInsmed IncHalal3.03%PCVXVaxcyte IncHalal2.97%QUREuniQure NVUnder Review2.83%ARGXArgenx SEHalal2.55%DYNDyne Therapeutics IncHalal2.47%DNLIDenali Therapeutics IncUnder Review2.27%AXSMAxsome Therapeutics IncHalal2.22%XENEXenon Pharmaceuticals IncUnder Review2.10%FULCFulcrum Therapeutics IncNot Halal2.07%TECXTectonic Therapeutic IncNot Halal2.04%

Compliance History

Not Halalnow
since Aug 2026
Under Review
until the change above
Halal
until the change above

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

Fiscal: N/AData source: FMP-LOOKTHROUGH

Halal Alternatives in Financial Services

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

GLDA+

SPDR Gold Shares

$396.75

+0.17%

SLVA+

iShares Silver Trust

$57.92

+0.47%

PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

CEFA+

Sprott Physical Gold and Silver Trust

$43.28

+4.44%

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BAC

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WFC

Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is Tekla Life Sciences Investors (HQL) halal to invest in?

Tekla Life Sciences Investors (HQL) 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 Tekla Life Sciences Investors get a F compliance rating?

Tekla Life Sciences Investors'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 Tekla Life Sciences Investors's Shariah verdict?

Tekla Life Sciences Investors'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 Tekla Life Sciences Investors re-screened for Shariah compliance?

Tekla Life Sciences Investors (HQL) 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: Aug 27, 2026.

Screened according to AAOIFI Standard No. 21 · 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.