Is Neuberger Energy Infrastructure & Income Fund Inc. (NML) Halal?

NYSE Financial Services United States $599M
✗ NOT HALAL
Confidence: 95/100
Neuberger Energy Infrastructure & Income Fund Inc. (NML) 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 November 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
117.6
EPS
$0.09
Dividend Yield
795.0%
Payout: 778.7%
Revenue
$10M

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%

Cash Flow & Balance Sheet

Operating Cash Flow$14M
Free Cash Flow$14M
Total Debt$130M
Total Assets$726M

Price & Trading

Last Close$10.40
50-Day MA$9.71
200-Day MA$8.85
Avg Volume194K
52-Week Range
$7.10
$10.70

About Neuberger Energy Infrastructure & Income Fund Inc. (NML)

CEO
Mr. Yves Charles Siegel C.F.A.
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$599M
Currency
USD

Neuberger Berman Income Funds - Neuberger Energy Infrastructure and Income Fund Inc. is a closed ended fund of fund launched and managed by Neuberger Berman Management LLC. It is co-managed by Neuberger Berman LLC. The fund invests in the public equity markets. It primarily invests in master limited partnerships and limited liability companies. It was formerly known as Neuberger Berman MLP Income Fund Inc. Neuberger Berman Income Funds - Neuberger Energy Infrastructure and Income Fund Inc. was formed on November 16, 2012 and is domiciled in the United States.

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Frequently Asked Questions

Is Neuberger Energy Infrastructure & Income Fund Inc. (NML) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Neuberger Energy Infrastructure & 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 Neuberger Energy Infrastructure & Income Fund Inc.'s debt ratio?

Neuberger Energy Infrastructure & 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 Neuberger Energy Infrastructure & Income Fund Inc.'s key financial metrics?

Neuberger Energy Infrastructure & Income Fund Inc. has a market capitalization of $599M, trailing P/E ratio of 117.6, and revenue of $10M.

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.