Is Virtus Dividend, Interest & Premium Strategy Fund (NFJ) Halal?
Shariah Screening — 5 Standards
Based on financial data from January 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 | 61.1% | |
| Net Margin | 405.0% | |
| Return on Equity (ROE) | 9.6% | |
| Return on Assets (ROA) | 0.9% |
Cash Flow & Balance Sheet
| Current Ratio | 9.7 |
| Total Assets | $1.4B |
Price & Trading
| Last Close | $12.47 |
| 50-Day MA | $13.24 |
| 200-Day MA | $12.91 |
| Avg Volume | 202K |
| Beta | 1.1 |
|
52-Week Range
$10.02
| |
About Virtus Dividend, Interest & Premium Strategy Fund (NFJ)
AllianzGI NFJ Dividend, Interest & Premium Strategy Fund is a closed ended equity mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC and NFJ Investment Group LLC. It invests in public equity markets of the United States. The fund invests in the stocks of companies operating across diversified sectors. It primarily invests in dividend-paying stocks of companies. The fund employs a combination of fundamental research with bottom up stock picking approach and quantitative analysis to create its portfolio. It was formerly known as NFJ Dividend, Interest & Premium Strategy Fund. AllianzGI NFJ Dividend, Interest & Premium Strategy Fund was formed on February 28, 2005 and is domiciled in the United States.
Related Halal Stocks in Financial Services
Frequently Asked Questions
Is Virtus Dividend, Interest & Premium Strategy Fund (NFJ) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Virtus Dividend, Interest & Premium Strategy Fund 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 Virtus Dividend, Interest & Premium Strategy Fund's debt ratio?
Virtus Dividend, Interest & Premium Strategy Fund's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Virtus Dividend, Interest & Premium Strategy Fund's key financial metrics?
Virtus Dividend, Interest & Premium Strategy Fund has a market capitalization of $1.2B, trailing P/E ratio of 17.9, and revenue of $131M. The company maintains a gross margin of 100.0% and a net margin of 405.0%. Return on equity stands at 9.6%.
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.