Is TEMPLETON EMERGING MARKETS FUND (EMF) Halal?
Shariah Screening — 5 Standards
Based on financial data from August 2024
| 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 | 66.5% | |
| Net Margin | 769.7% | |
| Return on Equity (ROE) | 20.8% | |
| Return on Assets (ROA) | 0.9% |
Cash Flow & Balance Sheet
| Total Debt | $5M |
| Debt-to-Equity | 2.4 |
| Current Ratio | 0.3 |
| Total Assets | $234M |
Price & Trading
| Last Close | $16.98 |
| 50-Day MA | $19.29 |
| 200-Day MA | $16.94 |
| Avg Volume | 82K |
| Beta | 0.8 |
|
52-Week Range
$11.14
| |
About TEMPLETON EMERGING MARKETS FUND (EMF)
Templeton Emerging Markets Fund is a closed-ended equity mutual fund launched by Franklin Resources Inc. The fund is managed by Templeton Asset Management Ltd. It invests in the public equity markets of emerging market countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies. The fund employs fundamental analysis with a focus on such factors as long-term earnings, asset value, and cash flow potential to create its portfolio. It benchmarks the performance of its portfolio against the MSCI Emerging Markets Index. Templeton Emerging Markets Fund was formed on February 26, 1987 and is domiciled in the United States.
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Frequently Asked Questions
Is TEMPLETON EMERGING MARKETS FUND (EMF) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), TEMPLETON EMERGING MARKETS 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 TEMPLETON EMERGING MARKETS FUND's debt ratio?
TEMPLETON EMERGING MARKETS 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 TEMPLETON EMERGING MARKETS FUND's key financial metrics?
TEMPLETON EMERGING MARKETS FUND has a market capitalization of $254M, trailing P/E ratio of 5.1, and revenue of $29M. The company maintains a gross margin of 100.0% and a net margin of 769.7%. Return on equity stands at 20.8%.
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.