Is CENTRAL & EASTERN EUROPE FUND, INC. (CEE) Halal?

NYSE Financial Services Germany $112M
✗ NOT HALAL
Confidence: 95/100
CENTRAL & EASTERN EUROPE FUND, INC. (CEE) 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 October 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
3.2
EPS
$5.47
Dividend Yield
223.0%
Payout: 6.5%
P/B Ratio
1.1
Revenue
$36M
Growth: 63.1%
Beta
1.1
Average volatility
Current Ratio
1.1

Profitability

Gross Margin 100.0%
Operating Margin 83.8%
Net Margin 856.0%
Return on Equity (ROE) 40.2%
Return on Assets (ROA) 2.0%

Cash Flow & Balance Sheet

Current Ratio1.1
Total Assets$112M

Price & Trading

Last Close$17.55
50-Day MA$18.70
200-Day MA$16.75
Avg Volume25K
Beta1.1
52-Week Range
$11.20
$19.98

About CENTRAL & EASTERN EUROPE FUND, INC. (CEE)

CEO
Alyssa Asbury
Sector
Financial Services
Industry
Asset Management
Country
Germany
Exchange
NYSE
Market Cap
$112M
Currency
USD

The Central and Eastern Europe Fund, Inc. is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc. The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets across Central and Eastern Europe. The fund seeks to invest in stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the CECE, RTX, and ISE National 30. The fund was formerly known as The Central Europe And Russia Fund, Inc. The Central and Eastern Europe Fund, Inc. was formed on March 6, 1990 and is domiciled in the United States.

Related Halal Stocks in Financial Services

Frequently Asked Questions

Is CENTRAL & EASTERN EUROPE FUND, INC. (CEE) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), CENTRAL & EASTERN EUROPE 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 CENTRAL & EASTERN EUROPE FUND, INC.'s debt ratio?

CENTRAL & EASTERN EUROPE 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 CENTRAL & EASTERN EUROPE FUND, INC.'s key financial metrics?

CENTRAL & EASTERN EUROPE FUND, INC. has a market capitalization of $112M, trailing P/E ratio of 3.2, and revenue of $36M. The company maintains a gross margin of 100.0% and a net margin of 856.0%. Return on equity stands at 40.2%.

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.