Is PUTNAM PREMIER INCOME TRUST (PPT) Halal?
Shariah Screening — 5 Standards
Based on financial data from July 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 | 84.8% | |
| Net Margin | 107.8% | |
| Return on Equity (ROE) | 6.8% | |
| Return on Assets (ROA) | 2.5% |
Cash Flow & Balance Sheet
| Current Ratio | 0.2 |
| Total Assets | $469M |
Price & Trading
| Last Close | $3.47 |
| 50-Day MA | $3.58 |
| 200-Day MA | $3.63 |
| Avg Volume | 197K |
| Beta | 0.3 |
|
52-Week Range
$3.40
| |
About PUTNAM PREMIER INCOME TRUST (PPT)
Putnam Premier Income Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the public fixed income markets across the globe. The fund primarily invests in U.S. high-grade and high-yield bonds with an average credit quality of BBB by S&P Corporation. It benchmarks the performance of its portfolio against the Barclays Capital Government Bond Index. Putnam Premier Income Trust was formed on February 29, 1988 and is domiciled in the United States.
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Frequently Asked Questions
Is PUTNAM PREMIER INCOME TRUST (PPT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), PUTNAM PREMIER 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 PUTNAM PREMIER INCOME TRUST's debt ratio?
PUTNAM PREMIER 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 PUTNAM PREMIER INCOME TRUST's key financial metrics?
PUTNAM PREMIER INCOME TRUST has a market capitalization of $329M, trailing P/E ratio of 13.2, and revenue of $26M. The company maintains a gross margin of 100.0% and a net margin of 107.8%. Return on equity stands at 6.8%.
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.