Compliance Status
Not Halal
Screened on Oct 16, 2026 · AAOIFI Standard 21 look-through
Non-Compliant
Is John Hancock Premium Dividend Fund (PDT) halal? Not Halal. Looking through its holdings under AAOIFI Standard 21, John Hancock Premium Dividend Fund has 5% or more of its basket by weight in non-compliant holdings with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates John Hancock Premium Dividend Fund (PDT) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Oct 16, 2026. Source: https://halalscreener.app/en/stock/PDT
Basket rule
Over the limitAn ETF is halal when non-compliant holdings stay under 5% of the basket by weight.
89% of the basket's holdings were screened individually.
PDT: Is John Hancock Premium Dividend Fund Halal?
John Hancock Premium Dividend Fund
$11.92
Market Cap: 586.1M
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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
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why PDT is rated Not Halal with institutional-grade analysis
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Basket-weighted haram holdings exceed 5% (88.5%)
Basket Composition
89% of basket screenedETFs 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.
Top Holdings
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
Compliance History
Not Halalnow
since Jul 2026
Under Review
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
Halal Alternatives in Financial Services
This fund is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
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Frequently Asked Questions
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Screened by holdings look-through under 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. A fund is evaluated by screening its holdings under AAOIFI financial standards and weighing the result, using 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.