Is Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) Halal?

NYSE Financial Services United States $925M
✗ NOT HALAL
Confidence: 95/100
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) 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 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

P/E Ratio
5.0
EPS
$1.72
Dividend Yield
935.0%
Payout: 46.3%
P/B Ratio
0.8
Revenue
$187M
Growth: 4.6%
Beta
0.8
Average volatility
Current Ratio
0.5

Profitability

Gross Margin 100.0%
Operating Margin 16.8%
Net Margin 928.0%
Return on Equity (ROE) 17.6%
Return on Assets (ROA) 0.5%

Cash Flow & Balance Sheet

Current Ratio0.5
Total Assets$1.1B

Price & Trading

Last Close$8.66
50-Day MA$9.23
200-Day MA$9.02
Avg Volume417K
Beta0.8
52-Week Range
$6.93
$9.60

About Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW)

Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$925M
Currency
USD

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund also writes call options on one or more U.S. and foreign indices on a substantial portion of the value of its common stock portfolio. It benchmarks the performance of its portfolio against the S&P 500 Index, the CBOE S&P 500 BuyWrite Index, the CBOE NASDAQ-100 BuyWrite Index, and the FTSE Eurotop 100 Index. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund was formed on September 30, 2005 and is domiciled in the United States.

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Frequently Asked Questions

Is Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Eaton Vance Tax-Managed Global Buy-Write Opportunities 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 Tax-Managed Global Buy-Write Opportunities Fund's debt ratio?

Eaton Vance Tax-Managed Global Buy-Write Opportunities 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 Tax-Managed Global Buy-Write Opportunities Fund's key financial metrics?

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a market capitalization of $925M, trailing P/E ratio of 5.0, and revenue of $187M. The company maintains a gross margin of 100.0% and a net margin of 928.0%. Return on equity stands at 17.6%.

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.