Is Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) 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 | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% |
Cash Flow & Balance Sheet
| Total Assets | $655M |
Price & Trading
| Last Close | $8.00 |
| 50-Day MA | $8.63 |
| 200-Day MA | $8.83 |
| Avg Volume | 161K |
|
52-Week Range
$7.40
| |
About Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ)
Eaton Vance Risk-Managed Diversified Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It primarily invests in common stocks and purchases out-of-the-money, short-dated S&P 500 index put options and sells out-of-the-money S&P 500 Index call options of the same term as the put options with roll dates that are staggered across the options portfolio. The fund invests in stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the S&P 500 Index and the Barclays U.S. Aggregate Bond Index. Eaton Vance Risk-Managed Diversified Equity Income Fund was formed on July 31, 2007 and is domiciled in the United States.
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Frequently Asked Questions
Is Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Eaton Vance Risk-Managed Diversified Equity Income 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 Eaton Vance Risk-Managed Diversified Equity Income Fund's debt ratio?
Eaton Vance Risk-Managed Diversified Equity Income 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 Eaton Vance Risk-Managed Diversified Equity Income Fund's key financial metrics?
Eaton Vance Risk-Managed Diversified Equity Income Fund has a market capitalization of $530M, trailing P/E ratio of 10.6, and revenue of $51M.
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.