What is John Hancock Premium Dividend Fund's Shariah compliance score?

John Hancock Premium Dividend Fund's (PDT) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does John Hancock Premium Dividend Fund pass AAOIFI screening?

John Hancock Premium Dividend Fund (PDT) 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% (PDT: 0.0%), (3) interest-bearing deposits below 30% (PDT: 0.0%), and (4) prohibited income below 5% (PDT: 93.4%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for John Hancock Premium Dividend Fund stock?

John Hancock Premium Dividend Fund (PDT) has a non-permissible income ratio of 93.40%. Muslim investors should purify this percentage of any dividends received and capital gains realized from PDT shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen John Hancock Premium Dividend Fund for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for John Hancock Premium Dividend Fund (PDT) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about PDT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

PDT: Is John Hancock Premium Dividend Fund Halal?

John Hancock Premium Dividend Fund

NYSEFinancial ServicesUS

$12.95

+1.17%

Market Cap: 636.9M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

Basket rule

Over the limit

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

130.1% of 5.0% limit

84% of the basket's holdings were screened individually.

About John Hancock Premium Dividend Fund

Operating as a closed-ended equity mutual fund, the John Hancock Premium Dividend Fund is under the direction of John Hancock Investment Management LLC, with John Hancock Asset Management serving as its co-manager. Its investment mandate is centered on the public equity markets within the United States. While seeking exposure to a diverse array of sectors, the fund allocates a significant portion of its assets to companies in the utilities sector. The core of its holdings comprises preferred and common stocks that are recognized for their dividend distributions. Performance evaluation for the fund is conducted against a blended benchmark, specifically 70% of the Bank of America Merrill Lynch Preferred Stock DRD Eligible Index and 30% of the S&P 500 Utilities Index. Originally founded in the United States on December 21, 1989, this fund was formerly designated as the John Hancock Patriot Premium Dividend Fund II.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 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% (130.1%)

Basket Composition

84% 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.

130%

Halal1%

Doubtful3%

Not Halal130%

Unknown0%

Top Holdings

BPBP P.L.C.Not Halal3.43%VZVerizon Communications Inc.Not Halal3.01%KMIKinder Morgan Inc.Not Halal2.75%OGEOGE Energy Corp.Not Halal2.69%DUKDuke Energy CorporationNot Halal2.67%AEPAmerican Electric Power Company Inc.Not Halal2.62%FEFirstEnergy Corp.Not Halal2.49%ETREntergy CorporationNot Halal2.49%CFGCitizens Financial Group Inc.Not Halal2.45%NGGNational Grid plcNot Halal2.43%

Compliance History

Not Halalnow
since Jul 2026
Under Review
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:

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PSLVA+

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PHYSA+

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ABA+

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$36.03

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Free · No credit card required

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Frequently Asked Questions

Is John Hancock Premium Dividend Fund (PDT) halal to invest in?

John Hancock Premium Dividend Fund (PDT) 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 Premium Dividend Fund get a F compliance rating?

John Hancock Premium Dividend 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 Premium Dividend Fund's Shariah verdict?

John Hancock Premium Dividend 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 Premium Dividend Fund re-screened for Shariah compliance?

John Hancock Premium Dividend Fund (PDT) 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: Jul 18, 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.