Is Nuveen Mortgage and Income Fund halal to invest in?

According to Musaffa's Shariah screening methodology, Nuveen Mortgage and Income Fund (JLS) 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 Nuveen Mortgage 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 Nuveen Mortgage and Income Fund using these criteria to determine its compliance status.

Can Muslims buy shares of Nuveen Mortgage and Income Fund?

Muslim investors may consider investing in Nuveen Mortgage 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 Nuveen Mortgage and Income Fund classified as NOT HALAL?

Musaffa determines the Shariah status of Nuveen Mortgage 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 Nuveen Mortgage and Income Fund updated?

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

Can a halal stock like Nuveen Mortgage 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 Nuveen Mortgage and Income Fund?

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

JLS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 22, 2025

Report Source: 2025 2nd Quarter Report

Nuveen Mortgage and Income Fund. Stock Analysis JLS

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

Nuveen Mortgage and Income Fund is a US-based company operating in industry. The company is headquartered in Chicago, Illinois. The company went IPO on 2009-11-25. Nuveen Mortgage and Income Fund (the Fund) is a closed-end management investment company. The Fund’s investment objective is to generate high current income through opportunistic investments in securitized credit. The Fund will invest at least 80% of its assets in mortgage-related assets (including mortgage-backed securities (MBS) and other income-producing securities (including asset-backed securities (ABS), bonds, debt securities and other similar instruments. The Fund may invest up to 50% of its Managed Assets in non-mortgage-related asset-backed securities (ABS), including but not limited to any asset that generates reliable cash flows, including collateralized loan obligations (CLOs) as well as pools of consumer auto loans, credit card receivables, aircraft leases and maintenance agreements, timeshare agreements, and solar photovoltaics. The Fund's investment advisor is Nuveen Fund Advisors, LLC.

Key Statistics of Nuveen Mortgage and Income Fund (JLS)

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

Today's Range

$18.15$18.63

Today's Open

$18.35

Volume

5736.00

P/E Ratio (TTM)

52 Week Range

$17.45$19.09

Market Cap

101.21M

Avg. Volume

18.06K

Dividend Yield

Financial Metrics & Statements of Nuveen Mortgage and Income Fund (JLS)

FAQ's for Nuveen Mortgage and Income Fund (JLS)

According to Musaffa’s Shariah screening methodology, Nuveen Mortgage and Income Fund (JLS) 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.