Invest on your own
Build your own portfolio, stock by stock.
We do it for you
Professionally managed portfolios, built and rebalanced for you.

NEW
How we screen every stock
Our halal screening & purification process in 3 minutes
Screeners
Your portfolio
Calculators

TOOL
Check any stock in seconds
Search 11,000+ tickers and see the halal verdict instantly.
Our certifications
Independent proof that every stock and portfolio meets halal standards.

METHODOLOGY
How we screen every stock
Our 5-step halal methodology, in 90 seconds.
Get help

NEW
Halal investing 101
A beginner-friendly intro to investing the halal way.
Plans by product

COMPARE
Find your plan
See every feature side-by-side and pick what fits.
Investors

INVESTORS
Invest in Musaffa
We're building the financial house for 1.9B Muslims. See the deck.
FMY Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: March 30, 2026
Report Source: 2025 Annual Report
First Trust Mortgage Income Fund. Stock Analysis FMY
First Trust Mortgage Income Fund is a US-based company operating in industry. The company is headquartered in Wheaton, Illinois. The company went IPO on 2005-05-26. First Trust Mortgage Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income. The Fund pursues its objectives by investing primarily in mortgage-backed securities (MBS) representing part ownership in a pool of either residential or commercial mortgage loans that, in the opinion of the Fund’s investment advisor, offer an attractive combination of credit quality, yield and maturity. The company invests in mortgage-backed securities, United States Government Agency Mortgage-Backed Securities, Asset-Backed Securities, and Money Market Funds. There can be no assurance the Fund will achieve its investment objectives. The Fund may not be appropriate for all investors. The Fund's investment advisor is First Trust Advisors L.P.
Read More First Trust Mortgage Income Fund (FMY) Chart
Key Statistics of First Trust Mortgage Income Fund (FMY)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$11.69Volume
1925.00P/E Ratio (TTM)
-52 Week Range
Market Cap
49.29MAvg. Volume
4226.50Dividend Yield
-Financial Metrics & Statements of First Trust Mortgage Income Fund (FMY)
FAQ's for First Trust Mortgage Income Fund (FMY)
- According to Musaffa’s Shariah screening methodology, First Trust Mortgage Income Fund (FMY) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes First Trust Mortgage Income Fund using these criteria to determine its compliance status.
- Muslim investors may consider investing in First Trust Mortgage Income Fund 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 First Trust Mortgage Income Fund 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 First Trust Mortgage Income Fund 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 First Trust Mortgage Income Fund on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.