Monthly Halal Stocks Portfolio Update - Nov 2025

Halal Growth Portfolio: Navigating October’s Range-Bound Market with Steady Gains

October was a month of fluctuating and range-bound markets, yet the Iqra Momentum Portfolio held its ground and continued to grow steadily. The portfolio showed nice overall growth through October, building on its +21.1% return at the end of September.

Leading performers this month included Alphabet ($GOOGL) with a +60.4% gain, Howmet Aerospace ($HWM) up +54.3%, and Hims & Hers Health ($HIMS) advancing +33.3% — all continuing to strengthen our momentum theme. Carpenter Technology ($CRS) also performed well with +32.3%, while Insulet ($PODD) and NVIDIA ($NVDA) contributed +21.6% and +18.9% respectively.

Monthly Sells

• UL Solutions Inc

- Ticker: ULS

- Sold on: 3rd Nov 2025

- Sell Price: $77.87

- Percentage Change: 11.24%

Monthly Buys

• Medpace Holdings Inc

- Ticker: MEDP

- Bought on: 3rd Nov 2025

- Buy Price: $584.91

Current Portfolio

Performance Overview

We made a few strategic adjustments to keep the portfolio aligned with growth and halal compliance. Medpace Holdings (MEDP) was a new addition, offering exposure to clinical research and healthcare innovation. Meanwhile, we closed our position in ULS Solutions, securing an 11% profit before rotation.

Shopify (SHOP), added last month, gained +16.7%, showing encouraging early traction, while Jabil (JBL) remained stable amid market volatility.

Sector Diversification

The portfolio now spans a broad mix of sectors — including technology, healthcare, industrials, and consumer innovation — providing balanced exposure to both cyclical recovery trends and defensive growth segments.

Conclusion

Overall, the portfolio remains diversified across healthcare, technology, and industrials, maintaining a high halal compliance rating and a strong mix of growth resilience and steady performers.

Looking ahead to November, we anticipate continued strength from our core technology and healthcare holdings, while monitoring opportunities to rebalance into sectors showing renewed momentum as markets stabilize.

For more insights on halal investing, consider exploring additional resources that focus on ethical investment strategies.