Is abrdn Healthcare Opportunities Fund (THQ) Halal?

NYSE Financial Services United States $689M
✗ NOT HALAL
Confidence: 95/100
abrdn Healthcare Opportunities Fund (THQ) 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 September 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

EPS
$-2.77
Dividend Yield
1297.0%
Payout: 1661.5%
Revenue
-$114M

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%

Cash Flow & Balance Sheet

Operating Cash Flow$88M
Free Cash Flow$88M
Total Debt$225M
Total Assets$970M

Price & Trading

Last Close$17.18
50-Day MA$18.73
200-Day MA$18.08
Avg Volume168K
52-Week Range
$15.14
$20.74

About abrdn Healthcare Opportunities Fund (THQ)

CEO
Dr. Daniel R. Omstead M.S, Ph.D.
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$689M
Currency
USD

Abrdn Healthcare Opportunities Fund is a closed ended balanced mutual fund launched and managed by abrdn Inc. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating in the healthcare sector. The fund also invests in pooled investment vehicles. For its fixed income portion, the fund invests in corporate debt securities across the credit rating spectrum. It benchmarks the performance of its portfolio against the S&P 1500 Healthcare Index and S&P 500 Index. Abrdn Healthcare Opportunities Fund was formed on April 2, 2014 and is domiciled in the United States.

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Frequently Asked Questions

Is abrdn Healthcare Opportunities Fund (THQ) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), abrdn Healthcare Opportunities 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 abrdn Healthcare Opportunities Fund's debt ratio?

abrdn Healthcare Opportunities 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 abrdn Healthcare Opportunities Fund's key financial metrics?

abrdn Healthcare Opportunities Fund has a market capitalization of $689M, and revenue of -$114M.

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.