Is CALAMOS GLOBAL TOTAL RETURN FUND (CGO) Halal?
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
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 19.7% | |
| Net Margin | 653.7% | |
| Return on Equity (ROE) | 18.3% | |
| Return on Assets (ROA) | 0.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $11M |
| Free Cash Flow | $11M |
| Total Debt | $44M |
| Debt-to-Equity | 43.9 |
| Current Ratio | 2.8 |
| Total Assets | $188M |
Price & Trading
| Last Close | $11.08 |
| 50-Day MA | $12.03 |
| 200-Day MA | $11.78 |
| Avg Volume | 30K |
| Beta | 1.0 |
|
52-Week Range
$8.71
| |
About CALAMOS GLOBAL TOTAL RETURN FUND (CGO)
Calamos Global Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in equities, convertible bonds, and high yield corporate bonds. It employs both fundamental and quantitative analysis to create its portfolio. The fund benchmarks the performance of its portfolio against MSCI World Index. Calamos Global Total Return Fund was formed on March 30, 2004 and is domiciled in the United States.
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Frequently Asked Questions
Is CALAMOS GLOBAL TOTAL RETURN FUND (CGO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CALAMOS GLOBAL TOTAL RETURN FUND 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 CALAMOS GLOBAL TOTAL RETURN FUND's debt ratio?
CALAMOS GLOBAL TOTAL RETURN FUND's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are CALAMOS GLOBAL TOTAL RETURN FUND's key financial metrics?
CALAMOS GLOBAL TOTAL RETURN FUND has a market capitalization of $106M, trailing P/E ratio of 4.8, and revenue of $23M. The company maintains a gross margin of 100.0% and a net margin of 653.7%. Return on equity stands at 18.3%.
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.