Is GLU (GLU) 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 | 61.5% | |
| Net Margin | 756.4% | |
| Return on Equity (ROE) | 24.0% | |
| Return on Assets (ROA) | 1.3% |
Cash Flow & Balance Sheet
| Total Debt | $3M |
| Current Ratio | 2.1 |
| Total Assets | $118M |
Price & Trading
| Last Close | $19.43 |
| 50-Day MA | $20.36 |
| 200-Day MA | $18.65 |
| Avg Volume | 13K |
| Beta | 0.8 |
|
52-Week Range
$14.07
| |
About GLU (GLU)
The Gabelli Global Utility & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It primarily invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends. The fund also invests in income producing securities such as governments. It invests in stocks of companies across market capitalizations. The fund benchmarks the performance of its portfolio against the S&P 500 Utilities Index, Lipper Utility Fund Average, and S&P 500 Index. The Gabelli Global Utility & Income Trust was formed on May 28, 2004 and is based in United States.
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Frequently Asked Questions
Is GLU (GLU) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), GLU 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 GLU's debt ratio?
GLU's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are GLU's key financial metrics?
GLU has a market capitalization of $114M, trailing P/E ratio of 3.8, and revenue of $9M. The company maintains a gross margin of 100.0% and a net margin of 756.4%. Return on equity stands at 24.0%.
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.