Is GDL Fund halal to invest in?

According to Musaffa's Shariah screening methodology, GDL Fund (GDL) is currently classified as NOT HALAL as of December 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is GDL Fund a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes GDL Fund using these criteria to determine its compliance status.

Can Muslims buy shares of GDL Fund?

Muslim investors may consider investing in GDL 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.

Why is GDL Fund classified as NOT HALAL?

Musaffa determines the Shariah status of GDL Fund by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for GDL Fund updated?

The Shariah compliance status of GDL Fund may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like GDL Fund become non-compliant?

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.

Where can I check the Shariah status of GDL Fund?

You can check the latest Shariah compliance status of GDL Fund on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

GDL Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 23, 2025

Report Source: 2025 2nd Quarter Report

GDL Fund. Stock Analysis GDL

United States N/A Micro Cap Report: Q2, 2025

GDL Fund is a US-based company operating in industry. The company is headquartered in Rye, New York. The company went IPO on 2007-01-26. The GDL Fund (the Fund) is a diversified closed-end management investment company. The Fund's primary investment objective is to achieve absolute returns in various market conditions without excessive risk of capital. The Fund will seek to achieve its objective by investing primarily in merger arbitrage transactions and, to a lesser extent, in corporate reorganizations involving stubs, spin-offs, and liquidations. The Fund will invest at least 80% of its assets in securities or hedging arrangements relating to companies involved in corporate transactions or reorganizations, giving rise to the possibility of realizing gains upon or within relatively short periods of time after the completion of such transactions or reorganizations. The company has investment in sectors, including financial services, energy and utilities, food and beverage, healthcare, wireless communications, automotive, and others. The Fund's advisor is Gabelli Funds, LLC.

Key Statistics of GDL Fund (GDL)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$8.42$8.48

Today's Open

$8.44

Volume

13.73K

P/E Ratio (TTM)

17.07

52 Week Range

$8.15$8.67

Market Cap

91.90M

Avg. Volume

6721.17

Dividend Yield

6.10%

Financial Metrics & Statements of GDL Fund (GDL)

FAQ's for GDL Fund (GDL)

According to Musaffa’s Shariah screening methodology, GDL Fund (GDL) is currently classified as NOT HALAL as of December 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.