Is ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND INC (AWF) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 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
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 86.7% | |
| Net Margin | 98.9% | |
| Return on Equity (ROE) | 7.4% | |
| Return on Assets (ROA) | 3.9% |
Cash Flow & Balance Sheet
| Debt-to-Equity | 0.5 |
| Current Ratio | 0.6 |
| Total Assets | $990M |
Price & Trading
| Last Close | $10.00 |
| 50-Day MA | $10.43 |
| 200-Day MA | $10.84 |
| Avg Volume | 332K |
| Beta | 0.7 |
|
52-Week Range
$9.30
| |
About ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND INC (AWF)
AllianceBernstein Global High Income Fund is a close-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. It invests in fixed income markets across the globe. The fund primarily invests in lower-rated corporate debt securities and government bonds. It employs a combination of fundamental and quantitative analysis to create its portfolio. The fund benchmarks the performance of its portfolio against a composite index comprised of JPMorgan Government Bond Index-Emerging Markets, JPMorgan Emerging Markets Bond Index Global, and the Barclays U.S. Corporate High Yield 2% Issuer Capped Index. It was previously known as Alliance World Dollar Government Fund II, Inc. AllianceBernstein Global High Income Fund was formed on May 20, 1993 and is domiciled in the United States.
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Frequently Asked Questions
Is ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND INC (AWF) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ALLIANCEBERNSTEIN GLOBAL HIGH INCOME 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 ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND INC's debt ratio?
ALLIANCEBERNSTEIN GLOBAL HIGH INCOME 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 ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND INC's key financial metrics?
ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND INC has a market capitalization of $856M, trailing P/E ratio of 11.7, and revenue of $70M. The company maintains a gross margin of 100.0% and a net margin of 98.9%. Return on equity stands at 7.4%.
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.