Is Herzfeld Credit Income Fund, Inc (HERZ) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 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 | 37.8% | |
| Net Margin | -80.7% | |
| Return on Equity (ROE) | -3.2% | |
| Return on Assets (ROA) | 0.1% |
Cash Flow & Balance Sheet
| Current Ratio | 0.1 |
| Total Assets | $45M |
Price & Trading
| Last Close | $15.71 |
| 50-Day MA | $17.26 |
| 200-Day MA | $22.56 |
| Avg Volume | 11K |
| Beta | 0.7 |
|
52-Week Range
$13.71
| |
About Herzfeld Credit Income Fund, Inc (HERZ)
The Herzfeld Caribbean Basin Fund Inc. is a closed-ended equity mutual fund launched by Thomas J. Herzfeld Advisors, Inc. The fund is managed by Herzfeld/Cuba. It invests in the public equity markets of the United States. The fund employing fundamental analysis investing in stocks of companies that are likely to benefit from economic, political, structural and technological developments in the countries in the Caribbean Basin, which consist of Cuba, Jamaica, Trinidad and Tobago, the Bahamas, the Dominican Republic, Barbados, Aruba, Haiti, the Netherlands Antilles, the Commonwealth of Puerto Rico, Mexico, Honduras, Guatemala, Belize, Costa Rica, Panama, Colombia and Venezuela. It invests in stocks of companies operating across diversified sectors. The Herzfeld Caribbean Basin Fund Inc. was formed on March 10, 1992 and is domiciled in the United States.
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Frequently Asked Questions
Is Herzfeld Credit Income Fund, Inc (HERZ) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Herzfeld Credit Income Fund, 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 Herzfeld Credit Income Fund, Inc's debt ratio?
Herzfeld Credit Income Fund, 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 Herzfeld Credit Income Fund, Inc's key financial metrics?
Herzfeld Credit Income Fund, Inc has a market capitalization of $30M, trailing P/E ratio of 77.5, and revenue of $2M. The company maintains a gross margin of 100.0% and a net margin of -80.7%. Return on equity stands at -3.2%.
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.