Is BlackRock Enhanced Global Dividend Trust (BOE) Halal?

NYSE Financial Services United States $592M
✗ NOT HALAL
Confidence: 95/100
BlackRock Enhanced Global Dividend Trust (BOE) 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
5.8
EPS
$1.83
Dividend Yield
933.0%
Payout: 54.2%
P/B Ratio
0.8
Revenue
$103M
Growth: -1.8%
Beta
0.8
Average volatility
Current Ratio
0.1

Profitability

Gross Margin 100.0%
Operating Margin 45.2%
Net Margin 659.3%
Return on Equity (ROE) 14.4%
Return on Assets (ROA) 0.7%

Cash Flow & Balance Sheet

Operating Cash Flow$90M
Free Cash Flow$90M
Total Debt$11,013
Debt-to-Equity0.0
Current Ratio0.1
Total Assets$727M

Price & Trading

Last Close$10.82
50-Day MA$11.68
200-Day MA$11.56
Avg Volume169K
Beta0.8
52-Week Range
$9.16
$12.18

About BlackRock Enhanced Global Dividend Trust (BOE)

CEO
Mr. Charles Choon Sik Park
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$592M
Currency
USD

BlackRock Enhanced Global Dividend 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. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalizations. The fund also invests through derivatives, with an emphasis on options on equity securities or indices. It benchmarks the performance of its portfolio against the S&P Global Broad Market Index. The fund was formerly known as BlackRock Global Opportunities Equity Trust. BlackRock Enhanced Global Dividend Trust was formed on May 31, 2005 and is domiciled in the United States.

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Frequently Asked Questions

Is BlackRock Enhanced Global Dividend Trust (BOE) halal to invest in?

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

BlackRock Enhanced Global 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 Global Dividend Trust's key financial metrics?

BlackRock Enhanced Global Dividend Trust has a market capitalization of $592M, trailing P/E ratio of 5.8, and revenue of $103M. The company maintains a gross margin of 100.0% and a net margin of 659.3%. Return on equity stands at 14.4%.

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.