Is MORGAN STANLEY INDIA INVESTMENT FUND, INC. (IIF) Halal?

NYSE Financial Services United States $192M
✗ NOT HALAL
Confidence: 95/100
MORGAN STANLEY INDIA INVESTMENT FUND, INC. (IIF) 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 December 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

EPS
$-0.61
Dividend Yield
986.0%
Payout: 183.6%
P/B Ratio
0.7
Revenue
-$5M
Growth: 2.6%
Beta
0.5
Low volatility
Current Ratio
0.0

Profitability

Gross Margin 100.0%
Operating Margin -108.9%
Net Margin 0.0%
Return on Equity (ROE) -2.2%
Return on Assets (ROA) -0.4%

Cash Flow & Balance Sheet

Current Ratio0.0
Total Assets$301M

Price & Trading

Last Close$20.50
50-Day MA$23.16
200-Day MA$25.96
Avg Volume51K
Beta0.5
52-Week Range
$20.03
$28.37

About MORGAN STANLEY INDIA INVESTMENT FUND, INC. (IIF)

Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$192M
Currency
USD

Morgan Stanley India Investment Fund, Inc. is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc. The fund is co-managed by Morgan Stanley Investment Management Company. It invests in the public equity markets of India. The fund invests in stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the U.S. dollar adjusted BSE National Index. Morgan Stanley India Investment Fund, Inc. was formed on December 22, 1993 and is domiciled in the United States.

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Frequently Asked Questions

Is MORGAN STANLEY INDIA INVESTMENT FUND, INC. (IIF) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), MORGAN STANLEY INDIA INVESTMENT 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 MORGAN STANLEY INDIA INVESTMENT FUND, INC.'s debt ratio?

MORGAN STANLEY INDIA INVESTMENT 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 MORGAN STANLEY INDIA INVESTMENT FUND, INC.'s key financial metrics?

MORGAN STANLEY INDIA INVESTMENT FUND, INC. has a market capitalization of $192M, and revenue of -$5M. Return on equity stands at -2.2%.

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.