Is MINT Income Fund halal to invest in?

According to Musaffa's Shariah screening methodology, MINT Income Fund (MID.UN.TO) is currently classified as NOT HALAL as of October 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 MINT 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 MINT Income Fund using these criteria to determine its compliance status.

Can Muslims buy shares of MINT Income Fund?

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.

Why is MINT Income Fund classified as NOT HALAL?

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.

How often is the Shariah compliance for MINT Income Fund updated?

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

Can a halal stock like MINT 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 MINT Income Fund?

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.

MID.UN.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 18, 2025

Report Source: 2025 2nd Quarter Report

MINT Income Fund. Stock Analysis MID.UN.TO

Canada N/A Micro Cap Report: Q2, 2025

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.

Key Statistics of MINT Income Fund (MID.UN.TO)

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

Today's Range

CAD7.82CAD7.84

Today's Open

CAD7.84

Volume

1600.00

P/E Ratio (TTM)

13.42

52 Week Range

CAD6.58CAD8.55

Market Cap

70.09M

Avg. Volume

3778.59

Dividend Yield

6.77%

Financial Metrics & Statements of MINT Income Fund (MID.UN.TO)

FAQ's for MINT Income Fund (MID.UN.TO)

According to Musaffa’s Shariah screening methodology, MINT Income Fund (MID.UN.TO) is currently classified as NOT HALAL as of October 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.