Is BlackRock Enhanced Equity Dividend Trust (BDJ) Halal?

NYSE Financial Services United States $1.5B
✗ NOT HALAL
Confidence: 95/100
BlackRock Enhanced Equity Dividend Trust (BDJ) 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
$1.57
Dividend Yield
877.0%
Payout: 47.3%
P/B Ratio
0.9
Revenue
$278M
Growth: -4.0%
Beta
0.8
Average volatility
Current Ratio
0.1

Profitability

Gross Margin 100.0%
Operating Margin 66.2%
Net Margin 627.3%
Return on Equity (ROE) 16.7%
Return on Assets (ROA) 1.1%

Cash Flow & Balance Sheet

Operating Cash Flow$151M
Free Cash Flow$151M
Debt-to-Equity0.1
Current Ratio0.1
Total Assets$1.7B

Price & Trading

Last Close$8.67
50-Day MA$9.34
200-Day MA$9.10
Avg Volume441K
Beta0.8
52-Week Range
$7.16
$9.76

About BlackRock Enhanced Equity Dividend Trust (BDJ)

CEO
Mr. Charles Choon Sik Park
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$1.5B
Currency
USD

BlackRock Enhanced Equity Dividend Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies across all market capitalizations. The fund also invests through derivatives, with an emphasis on option writing. It benchmarks the performance of its portfolio against the Russell 1000 Value Index. The fund was formerly known as BlackRock Enhanced Dividend Achievers TM Trust. BlackRock Enhanced Equity Dividend Trust was formed on August 31, 2005 and is domiciled in the United States.

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Frequently Asked Questions

Is BlackRock Enhanced Equity Dividend Trust (BDJ) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), BlackRock Enhanced Equity Dividend Trust 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 BlackRock Enhanced Equity Dividend Trust's debt ratio?

BlackRock Enhanced Equity Dividend Trust's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are BlackRock Enhanced Equity Dividend Trust's key financial metrics?

BlackRock Enhanced Equity Dividend Trust has a market capitalization of $1.5B, trailing P/E ratio of 5.4, and revenue of $278M. The company maintains a gross margin of 100.0% and a net margin of 627.3%. Return on equity stands at 16.7%.

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.