HSTECH
Hang Seng Tech Index ETF
Is HSTECH Halal?
Hong Kong tech — some strong companies but index includes Alibaba/Tencent concerns.
What You Should Know
Hang Seng Tech tracks Hong Kong tech companies. The July 9, 2026 issuer holdings page confirms exposure across internet, fintech, cloud, e-commerce and autonomous-technology themes; fund-level financial fields are not exposed in a reproducible unit, so the quantitative record remains incomplete.
⚠️ Concerns
- •Alibaba's fintech arm (Ant Financial)
- •Tencent's gaming/social concerns
- •Fund-level financial placeholders are not evidence of a pass
Current quantitative Sharia screen
Based on Issuer product page figures for the period ended 2026-07-09; calculated 2026-07-15.
0 / 1
0 / 1
0 / 1
- Financial
- Incomplete
- Overall
- Incomplete
Fund-level asset, debt, liquidity, receivable and income inputs are not reproducibly reported; look-through activity remains incomplete.
- Financial
- Pass
- Overall
- Incomplete
Placeholder proxy ratios are 0.00%, but the issuer page does not supply complete fund-level lines and the mixed underlying portfolio requires look-through review.
- Financial
- Pass
- Overall
- Incomplete
Placeholder proxy debt/assets and liquidity/assets are below the examined Malaysia limits; complete fund-level data are unavailable.
- Financial
- Not calculated
- Overall
- Incomplete
A licensed historical fund look-through market-cap series is not stored.
Business-activity disclosure
HSTECH tracks the Hang Seng TECH Index across internet, fintech, cloud, e-commerce and autonomous-technology themes. The retained qualitative DOUBTFUL verdict reflects mixed fintech, gaming and platform activity.
Limitation: The issuer page does not provide a universal underlying prohibited-revenue numerator or complete fund-level financial statement for this record.
Purification
The issuer product page does not provide a universal underlying prohibited-income allocation; ZakatInvest does not invent a purification percentage.
Inputs, assumptions and primary sources
- The July 9, 2026 issuer page provides current HSTECH holdings and fund characteristics but does not expose a complete fund-level balance-sheet statement in a reproducible unit for this record.
- A totalAssets value of 1 is a documented placeholder, not a claim about the fund's actual size; unreported cash, debt, receivables and operating revenue remain zero placeholders.
- HSTECH is a broad technology index ETF, not a Sharia-screened product. Its fintech, gaming, e-commerce and social-platform exposure remains qualitatively mixed.
- Fund-level placeholders are not evidence of a quantitative pass or official classification.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
Similar ETFs
Want to screen more assets?
Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.
Go to Halal Checker →