Is MFS MULTIMARKET INCOME TRUST (MMT) Halal?

NYSE Financial Services United States $249M
✗ NOT HALAL
Confidence: 95/100
MFS MULTIMARKET INCOME TRUST (MMT) 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 October 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

P/E Ratio
11.1
EPS
$0.41
Dividend Yield
887.0%
Payout: 98.2%
P/B Ratio
0.9
Revenue
$23M
Growth: -1.4%
Beta
0.6
Low volatility
Current Ratio
0.1

Profitability

Gross Margin 100.0%
Operating Margin 87.5%
Net Margin 100.4%
Return on Equity (ROE) 7.9%
Return on Assets (ROA) 3.2%

Cash Flow & Balance Sheet

Operating Cash Flow$23M
Free Cash Flow$23M
Total Debt$95M
Debt-to-Equity34.1
Current Ratio0.1
Total Assets$380M

Price & Trading

Last Close$4.55
50-Day MA$4.66
200-Day MA$4.69
Avg Volume93K
Beta0.6
52-Week Range
$4.31
$4.87

About MFS MULTIMARKET INCOME TRUST (MMT)

CEO
Ms. Robin Ann Stelmach
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$249M
Currency
USD

MFS Multimarket Income Trust is a closed ended fixed income mutual fund launched and managed by MFS Investment Management, Inc. The fund invests in the fixed income markets across the globe with greater emphasis on United States. It seeks to invest in fixed income securities issued by U.S. Government, foreign government, mortgage backed, and other asset-backed securities of U.S. and foreign issuers, corporate bonds of U.S. and foreign issuers, and debt instruments of issuers located in emerging market countries with an average duration of 5.1 years. The fund employs fundamental analysis with bottom-up stock picking approach while focusing on factors such as underlying credit quality, collateral characteristics, and indenture provisions, and the issuer's management ability, capital structure, leverage, and ability to meet its current obligations. It seeks to benchmarks the performance of its portfolio against a combination of the Citigroup World Government Bond Non-Dollar Hedged Index, JPMorgan Emerging Markets Bond Index Global, Lehman Brothers U.S. Credit Bond Index, Lehman Brothers U.S. Government/Mortgage Bond Index, and Lehman Brothers U.S. High-Yield Corporate Bond Index. MFS Multimarket Income Trust was formed on March 12, 1987 and is domiciled in the Unites States.

Related Halal Stocks in Financial Services

Frequently Asked Questions

Is MFS MULTIMARKET INCOME TRUST (MMT) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), MFS MULTIMARKET INCOME TRUST 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 MFS MULTIMARKET INCOME TRUST's debt ratio?

MFS MULTIMARKET INCOME TRUST's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are MFS MULTIMARKET INCOME TRUST's key financial metrics?

MFS MULTIMARKET INCOME TRUST has a market capitalization of $249M, trailing P/E ratio of 11.1, and revenue of $23M. The company maintains a gross margin of 100.0% and a net margin of 100.4%. Return on equity stands at 7.9%.

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.