Is LIBERTY ALL STAR EQUITY FUND (USA) 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 | 28.1% | |
| Net Margin | 553.4% | |
| Return on Equity (ROE) | 8.3% | |
| Return on Assets (ROA) | 0.4% |
Cash Flow & Balance Sheet
| Debt-to-Equity | 5.2 |
| Current Ratio | 0.0 |
| Total Assets | $2.0B |
Price & Trading
| Last Close | $5.55 |
| 50-Day MA | $5.93 |
| 200-Day MA | $6.31 |
| Avg Volume | 1.2M |
| Beta | 1.0 |
|
52-Week Range
$5.44
| |
About LIBERTY ALL STAR EQUITY FUND (USA)
Liberty All Star Equity Fund is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc. The fund is co-managed by Aristotle Capital Management, LLC, Pzena Investment Management, LLC, Delaware Investments Fund Advisers, Sustainable Growth Advisers, LP, and TCW Investment Management Company. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value and growth stocks of large cap companies. The fund benchmarks the performance of its portfolio against the Lipper Large-Cap Core Mutual Fund Average, the Dow Jones Industrial Average, the NASDAQ Composite Index, and the S&P 500 Index. Liberty All Star Equity Fund was formed on October 31, 1986 and is domiciled in the United States.
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Frequently Asked Questions
Is LIBERTY ALL STAR EQUITY FUND (USA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), LIBERTY ALL STAR EQUITY 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 LIBERTY ALL STAR EQUITY FUND's debt ratio?
LIBERTY ALL STAR EQUITY 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 LIBERTY ALL STAR EQUITY FUND's key financial metrics?
LIBERTY ALL STAR EQUITY FUND has a market capitalization of $1.6B, trailing P/E ratio of 9.7, and revenue of $260M. The company maintains a gross margin of 100.0% and a net margin of 553.4%. Return on equity stands at 8.3%.
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.