Is FRANKLIN UNIVERSAL TRUST (FT) 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 | 80.1% | |
| Net Margin | 126.0% | |
| Return on Equity (ROE) | 9.2% | |
| Return on Assets (ROA) | 2.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $18M |
| Free Cash Flow | $18M |
| Total Debt | $60M |
| Debt-to-Equity | 29.1 |
| Current Ratio | 6.2 |
| Total Assets | $267M |
Price & Trading
| Last Close | $7.87 |
| 50-Day MA | $8.14 |
| 200-Day MA | $7.96 |
| Avg Volume | 52K |
| Beta | 0.7 |
|
52-Week Range
$6.71
| |
About FRANKLIN UNIVERSAL TRUST (FT)
Franklin Universal Trust is a closed-ended balanced mutual fund launched by Franklin Resources, Inc. The fund is managed by Franklin Advisers, Inc. It invests in the public equity and fixed income markets of the United States. The fund invests in companies operating in utility sector. It employs fundamental analysis to invest in a diversified portfolio of corporate bonds and dividend paying utility stocks. The fund benchmarks the equity component of its balanced portfolio against the S&P 500 Electric Utilities Index and the fixed component against the Credit Suisse High Yield. Franklin Universal Trust was formed on September 23, 1988 and is domiciled in the United States.
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Frequently Asked Questions
Is FRANKLIN UNIVERSAL TRUST (FT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), FRANKLIN UNIVERSAL TRUST 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 FRANKLIN UNIVERSAL TRUST's debt ratio?
FRANKLIN UNIVERSAL TRUST's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are FRANKLIN UNIVERSAL TRUST's key financial metrics?
FRANKLIN UNIVERSAL TRUST has a market capitalization of $197M, trailing P/E ratio of 10.2, and revenue of $35M. The company maintains a gross margin of 100.0% and a net margin of 126.0%. Return on equity stands at 9.2%.
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.