Is TEMPLETON EMERGING MARKETS INCOME FUND (TEI) Halal?

NYSE Financial Services United States $278M
✗ NOT HALAL
Confidence: 95/100
TEMPLETON EMERGING MARKETS INCOME FUND (TEI) 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 December 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
2.9
EPS
$2.00
Dividend Yield
968.0%
Payout: 28.5%
P/B Ratio
0.9
Revenue
$95M
Growth: 6.0%
Beta
0.7
Low volatility
Current Ratio
0.3

Profitability

Gross Margin 100.0%
Operating Margin 90.7%
Net Margin 237.8%
Return on Equity (ROE) 32.0%
Return on Assets (ROA) 6.2%

Cash Flow & Balance Sheet

Operating Cash Flow$32M
Free Cash Flow$32M
Total Debt$65M
Debt-to-Equity20.3
Current Ratio0.3
Total Assets$390M

Price & Trading

Last Close$6.05
50-Day MA$6.62
200-Day MA$6.33
Avg Volume259K
Beta0.7
52-Week Range
$4.78
$7.00

About TEMPLETON EMERGING MARKETS INCOME FUND (TEI)

CEO
Mr. Rupert Harris Johnson Jr.
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$278M
Currency
USD

Templeton Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc. It is managed by Franklin Advisers, Inc. The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in bonds issued by sovereign or sovereign-related entities and private sector companies. The fund benchmarks the performance of its portfolio against the J.P. Morgan Emerging Markets Bond Index. Templeton Emerging Markets Income Fund was formed on September 23, 1993 and is domiciled in the United States.

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Frequently Asked Questions

Is TEMPLETON EMERGING MARKETS INCOME FUND (TEI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), TEMPLETON EMERGING MARKETS INCOME FUND 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 TEMPLETON EMERGING MARKETS INCOME FUND's debt ratio?

TEMPLETON EMERGING MARKETS INCOME FUND's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are TEMPLETON EMERGING MARKETS INCOME FUND's key financial metrics?

TEMPLETON EMERGING MARKETS INCOME FUND has a market capitalization of $278M, trailing P/E ratio of 2.9, and revenue of $95M. The company maintains a gross margin of 100.0% and a net margin of 237.8%. Return on equity stands at 32.0%.

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.