Is GLV (GLV) Halal?

AMEX Financial Services United States $73M
✗ NOT HALAL
Confidence: 95/100
GLV (GLV) 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 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

P/E Ratio
5.8
EPS
$1.02
Dividend Yield
1157.0%
Payout: 61.9%
P/B Ratio
0.9
Revenue
$13M
Growth: -6.3%
Beta
0.8
Average volatility
Current Ratio
1.0

Profitability

Gross Margin 100.0%
Operating Margin 56.7%
Net Margin 378.3%
Return on Equity (ROE) 15.2%
Return on Assets (ROA) 1.1%

Cash Flow & Balance Sheet

Operating Cash Flow$7M
Free Cash Flow$7M
Total Debt$21M
Debt-to-Equity24.5
Current Ratio1.0
Total Assets$127M

Price & Trading

Last Close$5.93
50-Day MA$6.17
200-Day MA$5.95
Avg Volume42K
Beta0.8
52-Week Range
$4.88
$6.42

About GLV (GLV)

CEO
Mr. Edmund Joseph Burke
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
AMEX
Market Cap
$73M
Currency
USD

Clough Global Dividend and Income Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. The fund primarily invests in the public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. For its fixed income portion, it invests in corporate and sovereign debt. It invest in fixed income securities having a maturity ranging from 30 days to over 30 years. The fund invests in non-U.S. markets primarily through liquid securities, including depositary receipts. Its equity portion primarily invests in stocks of small-cap and mid-cap companies. The fund employs a fundamental analysis with a bottom-up stock picking approach to make its investments. It primarily employs a theme-oriented investment approach which emphasizes on industry consolidation, technological change, an emerging shortage of a product or raw material which derives from a period of under-investment, and changes in government regulation or major economic or investment cycles. The fund's research process includes identifying shortages, global geographic growth opportunities, and unique global credit market opportunities. The fund was formerly known as Clough Global Allocation Fund. Clough Global Dividend and Income Fund was formed on April 27, 2004 and is domiciled in the United States.

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Frequently Asked Questions

Is GLV (GLV) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), GLV 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 GLV's debt ratio?

GLV's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are GLV's key financial metrics?

GLV has a market capitalization of $73M, trailing P/E ratio of 5.8, and revenue of $13M. The company maintains a gross margin of 100.0% and a net margin of 378.3%. Return on equity stands at 15.2%.

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.