Is Brookfield Real Assets Income Fund Inc. (RA) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| 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 | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$4M |
| Free Cash Flow | -$4M |
| Total Debt | $256M |
| Total Assets | $1.1B |
Price & Trading
| Last Close | $12.78 |
| 50-Day MA | $13.09 |
| 200-Day MA | $13.17 |
| Avg Volume | 209K |
|
52-Week Range
$11.87
| |
About Brookfield Real Assets Income Fund Inc. (RA)
Brookfield Real Assets Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by Brookfield Investment Management Inc. The fund is co-managed by Schroder Investment Management North America Inc. It invests in fixed income markets of the United States. The fund primarily invests in securities and other instruments of companies, which includes real estate securities, infrastructure securities, and natural resources securities. Brookfield Real Assets Income Fund Inc. was formed on December 2, 2016 and is domiciled in the United States.
Related Halal Stocks in Financial Services
Frequently Asked Questions
Is Brookfield Real Assets Income Fund Inc. (RA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Brookfield Real Assets 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 Brookfield Real Assets Income Fund Inc.'s debt ratio?
Brookfield Real Assets 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 Brookfield Real Assets Income Fund Inc.'s key financial metrics?
Brookfield Real Assets Income Fund Inc. has a market capitalization of $695M, trailing P/E ratio of 11.2, and revenue of $68M.
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.