NYLI CBRE Global Infrastructure Megatrends Term Fund MEGI
$15.07 $0.02 (0.13%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
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MEGI Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, NYLI CBRE Global Infrastructure Megatrends Term Fund is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
NYLI CBRE Global Infrastructure Megatrends Term Fund. Stock Analysis MEGI
United States N/A Small Cap NYLI CBRE Global Infrastructure Megatrends Term Fund is a US-based company operating in industry. The company is headquartered in New York City, New York. The company went IPO on 2021-10-27. NYLI CBRE Global Infrastructure Megatrends Term Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of total return with an emphasis on current income. The Fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in securities issued by infrastructure companies. The Fund seeks to achieve its investment objective by investing primarily in income-producing equity securities issued by infrastructure companies, including common stock, preferred stock, convertible securities and rights or warrants to buy common stocks. The Fund will typically invest in securities issued by infrastructure companies with market capitalizations of at least $500 million. The Fund intends to focus on three infrastructure megatrends: decarbonization, digital transformation and asset modernization. New York Life Investments serves as the investment adviser of the Fund.
NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) Chart
Financial Metrics & Statements of NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI)
FAQ's for NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI)
- As of August 2026, NYLI CBRE Global Infrastructure Megatrends Term Fund MEGI 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 NYLI CBRE Global Infrastructure Megatrends Term Fund using these criteria to determine its compliance status.
- Muslim investors may consider investing in NYLI CBRE Global Infrastructure Megatrends Term 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 NYLI CBRE Global Infrastructure Megatrends Term 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 NYLI CBRE Global Infrastructure Megatrends Term 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 NYLI CBRE Global Infrastructure Megatrends Term Fund on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI)
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