Is Saba Capital Income & Opportunities Fund II (SABA) Halal?
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
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 77.7% | |
| Net Margin | 168.1% | |
| Return on Equity (ROE) | 12.1% | |
| Return on Assets (ROA) | 1.8% |
Cash Flow & Balance Sheet
| Current Ratio | 1.2 |
| Total Assets | $543M |
Price & Trading
| Last Close | $8.12 |
| 50-Day MA | $8.12 |
| 200-Day MA | $8.74 |
| Avg Volume | 125K |
| Beta | 0.5 |
|
52-Week Range
$7.72
| |
About Saba Capital Income & Opportunities Fund II (SABA)
Saba Capital Income & Opportunities Fund II is a closed-ended fixed income mutual fund launched and managed by Saba Capital Management, L.P. The fund invests in fixed income markets across the globe. It primarily invests in government bonds. The fund is actively managed. It benchmarks the performance of its portfolio against the J.P. Morgan Global Government Bond Index. Saba Capital Income & Opportunities Fund II was formed on March 17, 1988 and is domiciled in the United States.
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Frequently Asked Questions
Is Saba Capital Income & Opportunities Fund II (SABA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Saba Capital Income & Opportunities Fund II 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 Saba Capital Income & Opportunities Fund II's debt ratio?
Saba Capital Income & Opportunities Fund II's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Saba Capital Income & Opportunities Fund II's key financial metrics?
Saba Capital Income & Opportunities Fund II has a market capitalization of $225M, trailing P/E ratio of 6.9, and revenue of $35M. The company maintains a gross margin of 100.0% and a net margin of 168.1%. Return on equity stands at 12.1%.
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.