Is SPECIAL OPPORTUNITIES FUND, INC. (SPE) 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 | 100.0% | |
| Operating Margin | 38.6% | |
| Net Margin | 276.0% | |
| Return on Equity (ROE) | 9.2% | |
| Return on Assets (ROA) | 1.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $19M |
| Free Cash Flow | $19M |
| Current Ratio | 0.1 |
| Total Assets | $233M |
Price & Trading
| Last Close | $13.78 |
| 50-Day MA | $14.62 |
| 200-Day MA | $15.18 |
| Avg Volume | 51K |
| Beta | 0.8 |
|
52-Week Range
$12.72
| |
About SPECIAL OPPORTUNITIES FUND, INC. (SPE)
Special Opportunities Fund, Inc. is a close-ended balanced fund of funds launched and managed by Bulldog Investors, LLC. It invests in close-ended funds investing in public equity and fixed income markets. The fund employs a combination of value, opportunistic and special situations strategies to make its investments. It benchmarks the performance of its portfolio against the S&P 500 Index. The fund was previously known as Insured Municipal Income Fund, Inc. Special Opportunities Fund, Inc. was formed on February 18, 1993 and is domiciled in the United States.
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Frequently Asked Questions
Is SPECIAL OPPORTUNITIES FUND, INC. (SPE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SPECIAL OPPORTUNITIES 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 SPECIAL OPPORTUNITIES FUND, INC.'s debt ratio?
SPECIAL OPPORTUNITIES 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 SPECIAL OPPORTUNITIES FUND, INC.'s key financial metrics?
SPECIAL OPPORTUNITIES FUND, INC. has a market capitalization of $144M, trailing P/E ratio of 6.9, and revenue of $37M. The company maintains a gross margin of 100.0% and a net margin of 276.0%. Return on equity stands at 9.2%.
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.