Is GABELLI MULTIMEDIA TRUST INC. (GGT) Halal?
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
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 41.5% | |
| Net Margin | 953.5% | |
| Return on Equity (ROE) | 21.0% | |
| Return on Assets (ROA) | 0.5% |
Cash Flow & Balance Sheet
| Current Ratio | 1.4 |
| Total Assets | $190M |
Price & Trading
| Last Close | $3.99 |
| 50-Day MA | $4.14 |
| 200-Day MA | $4.16 |
| Avg Volume | 279K |
| Beta | 0.9 |
|
52-Week Range
$3.75
| |
About GABELLI MULTIMEDIA TRUST INC. (GGT)
The Gabelli Multimedia Trust Inc. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds LLC. The fund invests in the public equity markets across the globe. It invests in stocks, convertible securities, preferred stock, options, and warrants of companies operating across global telecommunications, media, publishing, and entertainment industries. The fund also invests in companies participating in emerging technological advances in interactive services and products. It invests in stocks of companies across market capitalizations. The fund benchmarks the performance of its portfolio against the S&P 500 Index and MSCI World Free Index. It was formerly known as Gabelli Global Multimedia Trust Inc. The Gabelli Multimedia Trust Inc. was formed on November 15, 1994 and is domiciled in the United States.
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Frequently Asked Questions
Is GABELLI MULTIMEDIA TRUST INC. (GGT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), GABELLI MULTIMEDIA TRUST 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 GABELLI MULTIMEDIA TRUST INC.'s debt ratio?
GABELLI MULTIMEDIA TRUST 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 GABELLI MULTIMEDIA TRUST INC.'s key financial metrics?
GABELLI MULTIMEDIA TRUST INC. has a market capitalization of $167M, trailing P/E ratio of 3.2, and revenue of $17M. The company maintains a gross margin of 100.0% and a net margin of 953.5%. Return on equity stands at 21.0%.
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.