Is WESTERN ASSET EMERGING MARKETS DEBT FUND INC. (EMD) Halal?
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
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 87.1% | |
| Net Margin | 148.5% | |
| Return on Equity (ROE) | 15.9% | |
| Return on Assets (ROA) | 4.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $26M |
| Free Cash Flow | $26M |
| Total Debt | $239M |
| Debt-to-Equity | 36.6 |
| Current Ratio | 0.1 |
| Total Assets | $896M |
Price & Trading
| Last Close | $9.91 |
| 50-Day MA | $10.75 |
| 200-Day MA | $10.47 |
| Avg Volume | 241K |
| Beta | 0.8 |
|
52-Week Range
$8.56
| |
About WESTERN ASSET EMERGING MARKETS DEBT FUND INC. (EMD)
Western Asset Emerging Markets Debt Fund Inc. is an open ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited and Western Asset Management Company Pte. Ltd. The fund invests in fixed income markets of emerging market countries across the globe. It seeks to invest in fixed income securities issued by governments, government-related entities, and corporations which are of any maturity and quality. The fund employs fundamental analysis along with a top-down security picking approach focusing on factors like currency, inflation and interest rate trends, growth rate forecasts, liquidity of markets for that country's debt, political outlook, tax environment to create its portfolio. It benchmarks the performance of its portfolio against the JPMorgan Emerging Markets Bond Index Global. The fund was formerly known as Salomon Brothers Emerging Markets Debt Fund Inc. Western Asset Emerging Markets Debt Fund Inc. was formed on December 1, 2003 and is domiciled in the United States.
Related Halal Stocks in Financial Services
Frequently Asked Questions
Is WESTERN ASSET EMERGING MARKETS DEBT FUND INC. (EMD) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), WESTERN ASSET EMERGING MARKETS 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 WESTERN ASSET EMERGING MARKETS DEBT FUND INC.'s debt ratio?
WESTERN ASSET EMERGING MARKETS 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 WESTERN ASSET EMERGING MARKETS DEBT FUND INC.'s key financial metrics?
WESTERN ASSET EMERGING MARKETS DEBT FUND INC. has a market capitalization of $562M, trailing P/E ratio of 5.6, and revenue of $102M. The company maintains a gross margin of 100.0% and a net margin of 148.5%. Return on equity stands at 15.9%.
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.