As of August 2026, Ellsworth Growth and Income Fund Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Ellsworth Growth and Income Fund Ltd. Stock Analysis ECF
United States N/A Micro Cap
Ellsworth Growth and Income Fund Ltd is a US-based company operating in industry. The company is headquartered in Morristown, New Jersey. Ellsworth Growth and Income Fund Ltd. (the Fund) is a diversified closed-end management investment company. The Fund’s primary investment objective is to provide income and the potential for capital appreciation, which objectives the Fund considers to be relatively equal over the long term due to the nature of the securities in which it invests. The Fund invests primarily in convertible and equity securities. The Fund's portfolio includes sectors, such as healthcare, financial services, computer software and services, energy and utilities, real estate investment trusts, semiconductors, telecommunications, business services, diversified industrial, food and beverage, communications equipment, consumer products, transportation, consumer services, cable and satellite, computer hardware, automotive, wireless communications, agriculture, and entertainment. Gabelli Funds, LLC is the investment advisor of the Fund.
Ellsworth Growth and Income Fund Ltd (ECF) Chart
Financial Metrics & Statements of Ellsworth Growth and Income Fund Ltd (ECF)
FAQ's for Ellsworth Growth and Income Fund Ltd (ECF)
As of August 2026, Ellsworth Growth and Income Fund Ltd ECF is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Ellsworth Growth and Income Fund Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Ellsworth Growth and Income Fund Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Ellsworth Growth and Income Fund Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Ellsworth Growth and Income Fund Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Ellsworth Growth and Income Fund Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Ellsworth Growth and Income Fund Ltd (ECF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.