Is LAZARD GLOBAL TOTAL RETURN & INCOME FUND INC (LGI) Halal?
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
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 31.3% | |
| Net Margin | 703.6% | |
| Return on Equity (ROE) | 14.3% | |
| Return on Assets (ROA) | 0.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $22M |
| Free Cash Flow | $22M |
| Total Debt | $24M |
| Debt-to-Equity | 9.9 |
| Current Ratio | 0.2 |
| Total Assets | $266M |
Price & Trading
| Last Close | $16.46 |
| 50-Day MA | $18.31 |
| 200-Day MA | $17.52 |
| Avg Volume | 63K |
| Beta | 1.1 |
|
52-Week Range
$13.35
| |
About LAZARD GLOBAL TOTAL RETURN & INCOME FUND INC (LGI)
Lazard Global Total Return and Income Fund, Inc. is a closed ended balanced mutual fund launched and managed by Lazard Asset Management LLC. It invests in public equity and fixed income markets across the globe. The fund primarily invests in stocks of companies with market capitalization over $5 billion. It makes its fixed income investments in short duration market forward currency contracts and other market debt instruments. The fund typically employs fundamental analysis with a bottom-up stock picking approach using its global equity strategy and emerging income strategy to create its portfolio. It considers factors like financial condition, cash flows, strong balance sheets, sustainability of returns, quality of management, competitive position, sensitivity to economic and market cycles, margin and sales trends, brand name strength, geographical breakdown, and macro environment for selecting individual securities. The fund benchmarks the performance of its portfolio against the MSCI World Index. Lazard Global Total Return and Income Fund, Inc. was formed on January 27, 2004 and is domiciled in the United States.
Related Halal Stocks in Financial Services
Frequently Asked Questions
Is LAZARD GLOBAL TOTAL RETURN & INCOME FUND INC (LGI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), LAZARD GLOBAL TOTAL RETURN & 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 LAZARD GLOBAL TOTAL RETURN & INCOME FUND INC's debt ratio?
LAZARD GLOBAL TOTAL RETURN & 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 LAZARD GLOBAL TOTAL RETURN & INCOME FUND INC's key financial metrics?
LAZARD GLOBAL TOTAL RETURN & INCOME FUND INC has a market capitalization of $203M, trailing P/E ratio of 6.1, and revenue of $34M. The company maintains a gross margin of 100.0% and a net margin of 703.6%. Return on equity stands at 14.3%.
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.