What Shariah screening methodology does HalalStockGuide use?

We apply all 5 major Shariah screening standards: AAOIFI Standard 21, Dow Jones Islamic Market Index (DJIM), MSCI Islamic, S&P Shariah, and FTSE Shariah. Each standard has different thresholds for debt, cash, receivables, and impermissible income ratios.

Is Guggenheim Active Allocation Fund (GUG) Halal?

Q: Is Guggenheim Active Allocation Fund (GUG) halal to invest in?

Guggenheim Active Allocation Fund is Not Halal under AAOIFI Standard 21. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

Q: What are Guggenheim Active Allocation Fund's key financial metrics?

Guggenheim Active Allocation Fund has a P/E ratio of 11.6, revenue of $47M. Market cap: $489M.

NYSE Financial Services United States $489M

✗ NOT HALAL

Confidence: 95/100

Guggenheim Active Allocation Fund (GUG) 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 May 2025

Standard	Debt Ratio	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

11.6

EPS

$1.28

Dividend Yield

960.0%

Payout: 111.3%

Revenue

$47M

Profitability

Gross Margin	0.0%
Operating Margin	0.0%
Net Margin	0.0%

Cash Flow & Balance Sheet

Operating Cash Flow	$31M
Free Cash Flow	$31M
Total Debt	$182M
Total Assets	$784M

Price & Trading

Last Close	$14.98
50-Day MA	$15.70
200-Day MA	$15.60
Avg Volume	83K
52-Week Range $13.90 $16.50

About Guggenheim Active Allocation Fund (GUG)

Sector

Financial Services

Industry

Asset Management

Country

United States

Exchange

NYSE

Market Cap

$489M

Currency

USD

Related Halal Stocks in Financial Services

Frequently Asked Questions

Is Guggenheim Active Allocation Fund (GUG) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Guggenheim Active Allocation 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 Guggenheim Active Allocation Fund's debt ratio?

Guggenheim Active Allocation 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 Guggenheim Active Allocation Fund's key financial metrics?

Guggenheim Active Allocation Fund has a market capitalization of $489M, trailing P/E ratio of 11.6, and revenue of $47M.

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.