Is MFS INTERMEDIATE HIGH INCOME FUND (CIF) Halal?

NYSE Financial Services United States $28M
✗ NOT HALAL
Confidence: 95/100
MFS INTERMEDIATE HIGH INCOME FUND (CIF) 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 November 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
11.4
EPS
$0.14
Dividend Yield
1096.0%
Payout: 124.7%
P/B Ratio
0.9
Revenue
$3M
Growth: 0.7%
Beta
0.8
Low volatility
Current Ratio
0.1

Profitability

Gross Margin 100.0%
Operating Margin 86.6%
Net Margin 78.2%
Return on Equity (ROE) 7.7%
Return on Assets (ROA) 3.7%

Cash Flow & Balance Sheet

Operating Cash Flow$3M
Free Cash Flow$3M
Total Debt$15M
Debt-to-Equity45.4
Current Ratio0.1
Total Assets$48M

Price & Trading

Last Close$1.60
50-Day MA$1.68
200-Day MA$1.73
Avg Volume50K
Beta0.8
52-Week Range
$1.52
$1.82

About MFS INTERMEDIATE HIGH INCOME FUND (CIF)

CEO
Ms. Robin Ann Stelmach
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$28M
Currency
USD

MFS Intermediate High Income Fund is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in high income debt instruments. The fund benchmarks the performance of its portfolio against Barclays U.S. High-Yield Corporate 2% Issuer Capped Index. It was formerly known as Colonial Intermediate High Income Fund. MFS Intermediate High Income Fund was founded in July 21, 1988 and is domiciled in United States.

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Frequently Asked Questions

Is MFS INTERMEDIATE HIGH INCOME FUND (CIF) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), MFS INTERMEDIATE HIGH INCOME 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 MFS INTERMEDIATE HIGH INCOME FUND's debt ratio?

MFS INTERMEDIATE HIGH INCOME 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 MFS INTERMEDIATE HIGH INCOME FUND's key financial metrics?

MFS INTERMEDIATE HIGH INCOME FUND has a market capitalization of $28M, trailing P/E ratio of 11.4, and revenue of $3M. The company maintains a gross margin of 100.0% and a net margin of 78.2%. Return on equity stands at 7.7%.

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.