Is ALLSPRING GLOBAL DIVIDEND OPPORTUNITY FUND (EOD) Halal?

NYSE Financial Services United States $239M
✗ NOT HALAL
Confidence: 95/100
ALLSPRING GLOBAL DIVIDEND OPPORTUNITY FUND (EOD) 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
3.9
EPS
$1.41
Dividend Yield
983.0%
Payout: 35.3%
Revenue
$62M

Profitability

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

Cash Flow & Balance Sheet

Operating Cash Flow$21M
Free Cash Flow$21M
Total Debt$48M
Total Assets$331M

Price & Trading

Last Close$5.71
50-Day MA$6.04
200-Day MA$5.76
Avg Volume134K
52-Week Range
$4.24
$6.30

About ALLSPRING GLOBAL DIVIDEND OPPORTUNITY FUND (EOD)

CEO
Mr. Timothy Paul O'Brien CFA
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$239M
Currency
USD

Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund is a closed-ended equity mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Crow Point Partners, LLC and Wells Capital Management Incorporated. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating across diversified sectors with an emphasis on utilities, telecom, and energy sectors. The fund primarily invests in dividend paying stocks of companies. Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund was formed on March 28, 2007 and is domiciled in the United States.

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Frequently Asked Questions

Is ALLSPRING GLOBAL DIVIDEND OPPORTUNITY FUND (EOD) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), ALLSPRING GLOBAL DIVIDEND OPPORTUNITY 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 ALLSPRING GLOBAL DIVIDEND OPPORTUNITY FUND's debt ratio?

ALLSPRING GLOBAL DIVIDEND OPPORTUNITY 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 ALLSPRING GLOBAL DIVIDEND OPPORTUNITY FUND's key financial metrics?

ALLSPRING GLOBAL DIVIDEND OPPORTUNITY FUND has a market capitalization of $239M, trailing P/E ratio of 3.9, and revenue of $62M.

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.