Is Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) Halal?

NYSE Financial Services United States $354M
✗ NOT HALAL
Confidence: 95/100
Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) 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 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

P/E Ratio
5.6
EPS
$2.27
Dividend Yield
819.0%
Payout: 46.0%
Revenue
$61M

Profitability

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

Cash Flow & Balance Sheet

Total Assets$332M

Price & Trading

Last Close$12.84
50-Day MA$13.97
200-Day MA$13.21
Avg Volume103K
52-Week Range
$10.37
$15.04

About Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF)

CEO
Mr. Robert Hamilton Steers
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$354M
Currency
USD

Cohen & Steers Closed-End Opportunity Fund, Inc. is a close-ended fund of funds launched by Cohen & Steers Inc. It is managed by Cohen & Steers Capital Management, Inc. The fund invests in funds investing in public equity markets. It also invests in funds investing in convertible securities, preferred securities, high yield securities and real estate, energy, utility, and other equity or income-oriented strategies. The fund makes its investments in funds investing across diversified sectors. It seeks to invest in undervalued funds with market capitalization generally greater than $200 million. The fund employs quantitative analysis to make its investments. It benchmarks the performance of its portfolio against the S&P 500 Index and the Morningstar U.S. All Taxable Ex-Foreign Equity Index. The fund conducts in-house research to create its portfolios. Cohen & Steers Closed-End Opportunity Fund, Inc. was formed on September 14, 2006 and is domiciled in the United States.

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Frequently Asked Questions

Is Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Cohen & Steers Closed-End Opportunity 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 Cohen & Steers Closed-End Opportunity Fund, Inc.'s debt ratio?

Cohen & Steers Closed-End Opportunity 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 Cohen & Steers Closed-End Opportunity Fund, Inc.'s key financial metrics?

Cohen & Steers Closed-End Opportunity Fund, Inc. has a market capitalization of $354M, trailing P/E ratio of 5.6, and revenue of $61M.

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.