Is LIBERTY ALL STAR GROWTH FUND INC. (ASG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| 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
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | -153.3% | |
| Net Margin | 865.6% | |
| Return on Equity (ROE) | 4.0% | |
| Return on Assets (ROA) | -0.4% |
Cash Flow & Balance Sheet
| Debt-to-Equity | 1.7 |
| Current Ratio | 0.5 |
| Total Assets | $379M |
Price & Trading
| Last Close | $4.75 |
| 50-Day MA | $5.11 |
| 200-Day MA | $5.36 |
| Avg Volume | 284K |
| Beta | 1.2 |
|
52-Week Range
$4.01
| |
About LIBERTY ALL STAR GROWTH FUND INC. (ASG)
Liberty All-Star Growth Fund, Inc. is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc. It is co-managed by Weatherbie Capital, LLC, Congress Asset Management Company, and Sustainable Growth Advisers, LP. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies across all market capitalizations. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the NASDAQ Composite Index, Russell 3000 Growth Index, and the S&P 500 Index. It conducts in-house research to make its investments. The fund was previously known as Charles Allmon Trust, Inc. Liberty All-Star Growth Fund, Inc. was formed on March 14, 1986 and is domiciled in the United States.
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Frequently Asked Questions
Is LIBERTY ALL STAR GROWTH FUND INC. (ASG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), LIBERTY ALL STAR GROWTH 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 LIBERTY ALL STAR GROWTH FUND INC.'s debt ratio?
LIBERTY ALL STAR GROWTH 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 LIBERTY ALL STAR GROWTH FUND INC.'s key financial metrics?
LIBERTY ALL STAR GROWTH FUND INC. has a market capitalization of $292M, trailing P/E ratio of 21.1, and revenue of $51M. The company maintains a gross margin of 100.0% and a net margin of 865.6%. Return on equity stands at 4.0%.
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.