Is BlackRock Energy & Resources Trust (BGR) 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 | 67.2% | |
| Net Margin | 299.4% | |
| Return on Equity (ROE) | 11.2% | |
| Return on Assets (ROA) | 1.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $43M |
| Free Cash Flow | $43M |
| Current Ratio | 0.6 |
| Total Assets | $362M |
Price & Trading
| Last Close | $17.21 |
| 50-Day MA | $15.57 |
| 200-Day MA | $13.98 |
| Avg Volume | 170K |
| Beta | 0.5 |
|
52-Week Range
$11.08
| |
About BlackRock Energy & Resources Trust (BGR)
BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors. It invests in stocks of companies across all market capitalizations. The fund also invests through equity derivatives, with an emphasis on option writing. It was formerly known as BlackRock Global Energy and Resources Trust. BlackRock Energy and Resources Trust was formed on December 23, 2004 and is domiciled in the United States.
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Frequently Asked Questions
Is BlackRock Energy & Resources Trust (BGR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), BlackRock Energy & Resources 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 Energy & Resources Trust's debt ratio?
BlackRock Energy & Resources 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 Energy & Resources Trust's key financial metrics?
BlackRock Energy & Resources Trust has a market capitalization of $443M, trailing P/E ratio of 11.0, and revenue of $15M. The company maintains a gross margin of 100.0% and a net margin of 299.4%. Return on equity stands at 11.2%.
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.