As of August 2026, MINT Income Fund is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
MINT Income Fund. Stock Analysis MICFF
United States N/A Micro Cap
MINT Income Fund is a CA-based company operating in industry. MINT Income Fund (the Fund) is a Canada-based closed-end investment trust. The Fund's investment objectives are to produce a high level of sustainable income and to minimize the risk of investing in high income securities on a cost-effective basis. The Fund invests in a diversified portfolio of securities consisting primarily of high-yielding equity securities, including income trusts as they transition to taxable entities and convert to corporations. The Fund invests in various sectors, such as energy, real estate, utilities, financials, healthcare, pipelines, industrials, materials, technology, metals and mining, and others. Middlefield Limited is the trustee and manager of the Fund (the Manager). The Middlefield Capital Corporation (MCC) is the advisor to the Fund.
MINT Income Fund (MICFF) Chart
Financial Metrics & Statements of MINT Income Fund (MICFF)
FAQ's for MINT Income Fund (MICFF)
As of August 2026, MINT Income Fund MICFF 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 MINT Income Fund using these criteria to determine its compliance status.
Muslim investors may consider investing in MINT 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 MINT 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 MINT 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 MINT Income 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 MINT Income Fund (MICFF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.