Is Western Asset Mortgage Opportunity Fund Inc. (DMO) Halal?

NYSE Financial Services United States $119M
✗ NOT HALAL
Confidence: 95/100
Western Asset Mortgage Opportunity Fund Inc. (DMO) 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
8.7
EPS
$1.20
Dividend Yield
1379.0%
Payout: 129.2%
P/B Ratio
0.9
Revenue
$14M
Growth: -1.5%
Beta
0.4
Low volatility
Current Ratio
0.0

Profitability

Gross Margin 100.0%
Operating Margin 86.3%
Net Margin 60.0%
Return on Equity (ROE) 10.1%
Return on Assets (ROA) 4.8%

Cash Flow & Balance Sheet

Operating Cash Flow$12M
Free Cash Flow$12M
Debt-to-Equity92.3
Current Ratio0.0
Total Assets$259M

Price & Trading

Last Close$10.52
50-Day MA$11.04
200-Day MA$11.58
Avg Volume69K
Beta0.4
52-Week Range
$10.42
$12.11

About Western Asset Mortgage Opportunity Fund Inc. (DMO)

CEO
Mr. Kenneth Donald Fuller
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$119M
Currency
USD

Western Asset Mortgage Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed Western Asset Management Company and Western Asset Management Company Limited. It invests in the fixed income markets of the United States. The fund invests primarily in mortgage-backed securities. It employs intensive proprietary research to create its portfolio. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch U.S. Floating Rate Home Equity Loan Asset Backed Securities Index. Western Asset Mortgage Opportunity Fund Inc. was formed on December 11, 2009 and is domiciled in the United States.

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Frequently Asked Questions

Is Western Asset Mortgage Opportunity Fund Inc. (DMO) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Western Asset Mortgage Opportunity 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 Western Asset Mortgage Opportunity Fund Inc.'s debt ratio?

Western Asset Mortgage Opportunity 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 Western Asset Mortgage Opportunity Fund Inc.'s key financial metrics?

Western Asset Mortgage Opportunity Fund Inc. has a market capitalization of $119M, trailing P/E ratio of 8.7, and revenue of $14M. The company maintains a gross margin of 100.0% and a net margin of 60.0%. Return on equity stands at 10.1%.

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.