First Trust Intermediate Duration Preferred & Income Fund FPF
$17.68 $0.03 (0.17%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
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FPF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, First Trust Intermediate Duration Preferred & Income Fund is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
First Trust Intermediate Duration Preferred & Income Fund. Stock Analysis FPF
United States N/A Small Cap
First Trust Intermediate Duration Preferred & Income Fund is a US-based company operating in industry. The company is headquartered in Wheaton, Illinois. The company went IPO on 2013-05-23. First Trust Intermediate Duration Preferred & 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 has a secondary objective of capital appreciation. The Fund seeks to achieve its objectives by investing, under normal market conditions, at least 80% of its managed assets in preferred securities and other income producing securities issued by United States and non-United States companies, including traditional preferred securities, hybrid preferred securities that have investment and economic characteristics of both preferred securities and debt securities, floating rate and fixed-to-floating rate preferred securities, debt securities, convertible securities and contingent convertible securities. The Fund seeks to maintain, under normal market conditions, a duration of between three and eight years. The Fund's investment advisor is First Trust Advisors L.P.
First Trust Intermediate Duration Preferred & Income Fund (FPF) Chart
Financial Metrics & Statements of First Trust Intermediate Duration Preferred & Income Fund (FPF)
FAQ's for First Trust Intermediate Duration Preferred & Income Fund (FPF)
As of August 2026, First Trust Intermediate Duration Preferred & Income Fund FPF 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 First Trust Intermediate Duration Preferred & Income Fund using these criteria to determine its compliance status.
Muslim investors may consider investing in First Trust Intermediate Duration Preferred & 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 Intermediate Duration Preferred & 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 Intermediate Duration Preferred & 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 Intermediate Duration Preferred & Income Fund on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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