Is Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (EDD) Halal?

NYSE Financial Services United States $335M
✗ NOT HALAL
Confidence: 95/100
Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (EDD) 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
4.9
EPS
$1.06
Dividend Yield
981.0%
Payout: 52.8%
Revenue
$70M

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%

Cash Flow & Balance Sheet

Operating Cash Flow$25M
Free Cash Flow$25M
Total Debt$60M
Total Assets$441M

Price & Trading

Last Close$5.32
50-Day MA$5.80
200-Day MA$5.46
Avg Volume493K
52-Week Range
$4.28
$6.18

About Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (EDD)

CEO
Mr. Jens Nystedt Ph.D.
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$335M
Currency
USD

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. is a closed ended fixed income mutual fund launched and managed by Morgan Stanley Investment Management Inc. The fund invests in fixed income markets of emerging market countries across the globe. It typically invests in government bonds denominated in the local currencies of emerging markets. The fund benchmarks the performance of its portfolio against the JPMorgan Government Bond Index - Emerging Markets Global Diversified Index. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. was formed on January 25, 2007 and is domiciled in United States.

Related Halal Stocks in Financial Services

Frequently Asked Questions

Is Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (EDD) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Morgan Stanley Emerging Markets Domestic Debt 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 Morgan Stanley Emerging Markets Domestic Debt Fund, Inc.'s debt ratio?

Morgan Stanley Emerging Markets Domestic Debt 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 Morgan Stanley Emerging Markets Domestic Debt Fund, Inc.'s key financial metrics?

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has a market capitalization of $335M, trailing P/E ratio of 4.9, and revenue of $70M.

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.