Is ADAMS DIVERSIFIED EQUITY FUND, INC. (ADX) Halal?

NYSE Financial Services United States $2.6B
✗ NOT HALAL
Confidence: 95/100
ADAMS DIVERSIFIED EQUITY FUND, INC. (ADX) is Not Halal under AAOIFI Standard 21 due to its classification in the Asset Management industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Asset Management ✗ NOT HALAL
DJIM Excluded — Asset Management ✗ NOT HALAL
MSCI Excluded — Asset Management ✗ NOT HALAL
S&P Excluded — Asset Management ✗ NOT HALAL
FTSE Excluded — Asset Management ✗ NOT HALAL

Financial Highlights

P/E Ratio
5.4
EPS
$3.98
Dividend Yield
882.0%
Payout: 46.5%
P/B Ratio
0.9
Revenue
$493M
Growth: -15.3%
Beta
0.9
Average volatility
Current Ratio
0.7

Profitability

Gross Margin 100.0%
Operating Margin 55.6%
Net Margin 1465.8%
Return on Equity (ROE) 16.9%
Return on Assets (ROA) 0.4%

Cash Flow & Balance Sheet

Current Ratio0.7
Total Assets$3.0B

Price & Trading

Last Close$21.80
50-Day MA$22.94
200-Day MA$22.47
Avg Volume284K
Beta0.9
52-Week Range
$16.50
$23.85

About ADAMS DIVERSIFIED EQUITY FUND, INC. (ADX)

CEO
Mr. James Phillip Haynie C.F.A.
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$2.6B
Currency
USD

Adams Diversified Equity Fund, Inc. is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm The firm is actively engaged in businesses, including commodity pool operator or commodity trading advisor. The firm launches equity. NA The firm employs combination of fundamental, technical, quantitative modelling, and macro-economic analysis to make its investment. The firm conduct external research to make its investment. The firm was formerly known as The Adams Express Company. Adams Diversified Equity Fund, Inc. was founded in 1929 and is based in Baltimore, Maryland.

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Frequently Asked Questions

Is ADAMS DIVERSIFIED EQUITY FUND, INC. (ADX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), ADAMS DIVERSIFIED EQUITY FUND, INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is ADAMS DIVERSIFIED EQUITY FUND, INC.'s debt ratio?

ADAMS DIVERSIFIED EQUITY FUND, INC.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are ADAMS DIVERSIFIED EQUITY FUND, INC.'s key financial metrics?

ADAMS DIVERSIFIED EQUITY FUND, INC. has a market capitalization of $2.6B, trailing P/E ratio of 5.4, and revenue of $493M. The company maintains a gross margin of 100.0% and a net margin of 1465.8%. Return on equity stands at 16.9%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.