Is abrdn Global Dynamic Dividend Fund (AGD) Halal?
Shariah Screening — 5 Standards
Based on financial data from October 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.7% / 30% | 0.0% / 30% | 0.2% / 30% | 0.44% / 5% | ✓ HALAL |
| DJIM | 1.7% / 33% | 0.0% / 33% | 0.2% / 33% | 0.44% / 5% | ✓ HALAL |
| MSCI | 1.7% / 33% | 0.0% / 33% | 0.2% / 33% | 0.44% / 5% | ✓ HALAL |
| S&P | 1.7% / 33% | 0.0% / 33% | 0.2% / 33% | 0.44% / 5% | ✓ HALAL |
| FTSE | 1.7% / 33% | 0.0% / 33% | 0.2% / 50% | 0.44% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 86.0% | |
| Net Margin | 220.6% | |
| Return on Equity (ROE) | 15.7% | |
| Return on Assets (ROA) | 3.6% |
Cash Flow & Balance Sheet
| Total Debt | $5M |
| Debt-to-Equity | 1.7 |
| Current Ratio | 0.4 |
| Total Assets | $295M |
Price & Trading
| Last Close | $11.05 |
| 50-Day MA | $12.17 |
| 200-Day MA | $11.85 |
| Avg Volume | 126K |
| Beta | 0.9 |
|
52-Week Range
$8.46
| |
About abrdn Global Dynamic Dividend Fund (AGD)
Abrdn Global Dynamic Dividend Fund is a closed ended equity mutual fund launched and managed by Alpine Woods Capital Investors, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across all market capitalizations. The fund employs a fundamental analysis with bottom up and top down stock picking approach, focusing on companies globally with potential for dividend increases and capital appreciation to create its portfolio. It benchmarks the performance of its portfolio against the S&P 500 Index, MSCI AC World Daily TR (Net Div) Index, and MSCI AC World Daily TR ex Japan (Gross Div) Index. Abrdn Global Dynamic Dividend Fund was formed on May 11, 2006 and is domiciled in the United States.
Purification Calculator
As a halal stock with 0.44% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is abrdn Global Dynamic Dividend Fund (AGD) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), abrdn Global Dynamic Dividend Fund is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is abrdn Global Dynamic Dividend Fund's debt ratio?
abrdn Global Dynamic Dividend Fund's debt ratio is 1.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 1.7%.
Does abrdn Global Dynamic Dividend Fund require dividend purification?
Yes, abrdn Global Dynamic Dividend Fund has an impermissible income ratio of 0.44%, which means 0.44% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are abrdn Global Dynamic Dividend Fund's key financial metrics?
abrdn Global Dynamic Dividend Fund has a market capitalization of $261M, trailing P/E ratio of 5.8, and revenue of $47M. The company maintains a gross margin of 100.0% and a net margin of 220.6%. Return on equity stands at 15.7%.
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.