Is Clough Global Equity Fund (GLQ) Halal?
Shariah Screening — 5 Standards
Based on financial data from October 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 | 100.0% | |
| Operating Margin | 5.4% | |
| Net Margin | 1087.7% | |
| Return on Equity (ROE) | 22.1% | |
| Return on Assets (ROA) | 0.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $7M |
| Free Cash Flow | $7M |
| Total Debt | $41M |
| Debt-to-Equity | 24.5 |
| Current Ratio | 1.0 |
| Total Assets | $249M |
Price & Trading
| Last Close | $7.59 |
| 50-Day MA | $8.01 |
| 200-Day MA | $7.62 |
| Avg Volume | 65K |
| Beta | 1.1 |
|
52-Week Range
$5.33
| |
About Clough Global Equity Fund (GLQ)
Clough Global Equity Fund is a closed ended equity mutual fund launched and managed by Clough Capital Partners, L.P. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental and quantitative analysis with a bottom up stock picking approach to create its portfolio, with focus on factors such as a company's competitive position, quality of company management, quality and visibility of earnings and cash flow, balance sheet strength, and relative valuation. The fund follows a theme-based investment process which involves focusing on such events as industry consolidation, technological change, an emerging shortage of a product or raw material, and changes in government regulations. It benchmarks the performance of its portfolio against the S&P 500 Index. Clough Global Equity Fund was formed on January 25, 2005 and is domiciled in the United States.
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Frequently Asked Questions
Is Clough Global Equity Fund (GLQ) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Clough Global Equity 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 Clough Global Equity Fund's debt ratio?
Clough Global Equity 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 Clough Global Equity Fund's key financial metrics?
Clough Global Equity Fund has a market capitalization of $138M, trailing P/E ratio of 4.0, and revenue of $36M. The company maintains a gross margin of 100.0% and a net margin of 1087.7%. Return on equity stands at 22.1%.
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.