Is Highland Opportunities and Income Fund halal to invest in?

According to Musaffa's Shariah screening methodology, Highland Opportunities and Income Fund (HFRO) is currently classified as NOT HALAL as of April 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.

Is Highland Opportunities and Income 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 Highland Opportunities and Income Fund using these criteria to determine its compliance status.

Can Muslims buy shares of Highland Opportunities and Income Fund?

Muslim investors may consider investing in Highland Opportunities and 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.

Why is Highland Opportunities and Income Fund classified as NOT HALAL?

Musaffa determines the Shariah status of Highland Opportunities and Income 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 Highland Opportunities and Income Fund updated?

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

Can a halal stock like Highland Opportunities and Income 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 Highland Opportunities and Income Fund?

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

HFRO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 17, 2026

Report Source: 2025 Annual Report

Highland Opportunities and Income Fund. Stock Analysis HFRO

United States N/A Small Cap Report: 2025 Annual

Highland Opportunities and Income Fund is a US-based company operating in industry. Highland Opportunities and Income Fund (the Fund) is a closed-end fund. The Fund’s investment objective is to seek growth of capital along with income. The Fund is focused on growth of capital and income. The Fund invests in real estate securities, secured and unsecured fixed-rate loans and corporate bonds, mezzanine securities, structured products, convertible and preferred securities, equities (public and private), futures and options, and floating rate investments. The Fund invests at least 25% of assets invested in securities or other instruments directly or indirectly secured by real estate. The Fund is managed by NexPoint Asset Management, L.P.

Key Statistics of Highland Opportunities and Income Fund (HFRO)

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

Today's Range

$6.13$6.26

Today's Open

$6.20

Volume

99.78K

P/E Ratio (TTM)

52 Week Range

$4.94$6.83

Market Cap

324.02M

Avg. Volume

110.29K

Dividend Yield

7.61%

Financial Metrics & Statements of Highland Opportunities and Income Fund (HFRO)

FAQ's for Highland Opportunities and Income Fund (HFRO)

According to Musaffa’s Shariah screening methodology, Highland Opportunities and Income Fund (HFRO) is currently classified as NOT HALAL as of April 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.