Is DNP SELECT INCOME FUND INC (DNP) Halal?

NYSE Financial Services United States $3.8B
✗ NOT HALAL
Confidence: 95/100
DNP SELECT INCOME FUND INC (DNP) 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
8.8
EPS
$1.16
Dividend Yield
764.0%
Payout: 67.2%
P/B Ratio
1.1
Revenue
$439M
Growth: 8.9%
Beta
0.3
Low volatility
Current Ratio
1.3

Profitability

Gross Margin 100.0%
Operating Margin 80.8%
Net Margin 266.3%
Return on Equity (ROE) 12.7%
Return on Assets (ROA) 1.8%

Cash Flow & Balance Sheet

Operating Cash Flow$236M
Free Cash Flow$236M
Total Debt$973M
Debt-to-Equity31.6
Current Ratio1.3
Total Assets$4.6B

Price & Trading

Last Close$10.13
50-Day MA$10.25
200-Day MA$10.01
Avg Volume697K
Beta0.3
52-Week Range
$8.69
$10.65

About DNP SELECT INCOME FUND INC (DNP)

CEO
Mr. David Dean Grumhaus Jr.
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$3.8B
Currency
USD

DNP Select Income Fund Inc. is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc. The fund is managed by Duff & Phelps Investment Management Co. It invests in the public equity and fixed income markets of the United States. For the fixed income portion, the fund invests in bonds. It seeks to invest in stocks of companies operating in the Utility sector. The fund invests in stocks of companies across all market capitalizations. It benchmarks the performance of its portfolio against the S&P 500 Utilities Index and Barclays Capital U.S. Utility Bond Index. DNP Select Income Fund Inc. was formed on November 26, 1986 and is domiciled in the United States.

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Frequently Asked Questions

Is DNP SELECT INCOME FUND INC (DNP) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), DNP SELECT INCOME 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 DNP SELECT INCOME FUND INC's debt ratio?

DNP SELECT INCOME 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 DNP SELECT INCOME FUND INC's key financial metrics?

DNP SELECT INCOME FUND INC has a market capitalization of $3.8B, trailing P/E ratio of 8.8, and revenue of $439M. The company maintains a gross margin of 100.0% and a net margin of 266.3%. Return on equity stands at 12.7%.

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.