Is MEXICO FUND INC (MXF) Halal?

NYSE Financial Services Mexico $290M
✗ NOT HALAL
Confidence: 95/100
MEXICO FUND INC (MXF) 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
3.8
EPS
$5.26
Dividend Yield
695.0%
Payout: 17.9%
P/B Ratio
0.9
Revenue
$77M
Growth: 17.2%
Beta
0.8
Average volatility
Current Ratio
24.8

Profitability

Gross Margin 100.0%
Operating Margin 72.3%
Net Margin 551.8%
Return on Equity (ROE) 26.3%
Return on Assets (ROA) 2.1%

Cash Flow & Balance Sheet

Current Ratio24.8
Total Assets$318M

Price & Trading

Last Close$20.45
50-Day MA$21.52
200-Day MA$19.42
Avg Volume74K
Beta0.8
52-Week Range
$13.10
$23.00

About MEXICO FUND INC (MXF)

CEO
Mr. Alberto Osorio Morales
Sector
Financial Services
Industry
Asset Management
Country
Mexico
Exchange
NYSE
Market Cap
$290M
Currency
USD

The Mexico Fund, Inc. is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo México, S.C. It primarily invests in public equity markets of Mexico. The fund seeks to invest its portfolio across diversified sectors. The Mexico Fund, Inc. was formed in June 01, 1981 and is domiciled in Maryland, United States.

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Frequently Asked Questions

Is MEXICO FUND INC (MXF) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), MEXICO 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 MEXICO FUND INC's debt ratio?

MEXICO 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 MEXICO FUND INC's key financial metrics?

MEXICO FUND INC has a market capitalization of $290M, trailing P/E ratio of 3.8, and revenue of $77M. The company maintains a gross margin of 100.0% and a net margin of 551.8%. Return on equity stands at 26.3%.

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.