Is JAPAN SMALLER CAPITALIZATION FUND INC (JOF) Halal?
Shariah Screening — 5 Standards
Based on financial data from February 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 | 60.3% | |
| Net Margin | 93.4% | |
| Return on Equity (ROE) | 2.8% | |
| Return on Assets (ROA) | 1.1% |
Cash Flow & Balance Sheet
| Current Ratio | 1.3 |
| Total Assets | $270M |
Price & Trading
| Last Close | $10.61 |
| 50-Day MA | $11.49 |
| 200-Day MA | $10.64 |
| Avg Volume | 113K |
| Beta | 0.4 |
|
52-Week Range
$7.43
| |
About JAPAN SMALLER CAPITALIZATION FUND INC (JOF)
Japan Smaller Capitalization Fund, Inc. is a closed-ended equity mutual fund launched by Nomura Asset Management U.S.A. Inc. It is managed by Nomura Asset Management Co., Ltd. The fund invests in the public equity markets of Japan. It invests in stocks traded on the Tokyo, Osaka and Nagoya Stock Exchanges, JASDAQ, Mothers, Hercules, Centrex, and other indices. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in stocks of small cap companies. The fund benchmarks the performance of its portfolio against the The Russell/Nomura Small Cap Index. It was formerly known as Japan OTC Equity Fund, Inc. Japan Smaller Capitalization Fund, Inc. was formed on March 22, 1990 and is domiciled in the United States.
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Frequently Asked Questions
Is JAPAN SMALLER CAPITALIZATION FUND INC (JOF) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), JAPAN SMALLER CAPITALIZATION 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 JAPAN SMALLER CAPITALIZATION FUND INC's debt ratio?
JAPAN SMALLER CAPITALIZATION 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 JAPAN SMALLER CAPITALIZATION FUND INC's key financial metrics?
JAPAN SMALLER CAPITALIZATION FUND INC has a market capitalization of $301M, trailing P/E ratio of 4.4, and revenue of $9M. The company maintains a gross margin of 100.0% and a net margin of 93.4%. Return on equity stands at 2.8%.
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.