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MXE Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 16, 2025

Report Source: 2025 Annual Report

Mexico Equity and Income Fund Inc

Mexico Equity and Income Fund Inc. Stock Analysis MXE

United States N/A Micro Cap Report:
Mexico Equity and Income Fund Inc is a US-based company operating in industry. The company is headquartered in Cincinnati, Ohio. The Mexico Equity and Income Fund, Inc. (the Fund) is a closed-end, non-diversified management investment company. The Fund’s investment objective is to seek high total return through capital appreciation and current income. The Fund pursues its objective primarily by investing, under normal circumstances, at least 80% of the Fund’s assets in equity and convertible securities issued by Mexican companies and debt securities of Mexican issuers. The company invests in equity securities, convertible securities and debt securities and may also invest in other securities such as capital development certificates, real estate investment trusts, mutual funds, and rights and warrants. The Fund may, without limitation, hold cash or invest in assets in money market instruments, including U.S. and non-U.S. government securities, high grade commercial paper and certificates of deposit. Pichardo Asset Management, S.A. de C.V. serves as the Fund's investment adviser.
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Mexico Equity and Income Fund Inc (MXE) Chart

Key Statistics of Mexico Equity and Income Fund Inc (MXE)

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

Today's Range

$12.87$12.87

Today's Open

$12.87

Volume

253.00

P/E Ratio (TTM)

-

52 Week Range

$10.04$14.30

Market Cap

59.71M

Avg. Volume

3347.40

Dividend Yield

-

Financial Metrics & Statements of Mexico Equity and Income Fund Inc (MXE)

FAQ's for Mexico Equity and Income Fund Inc (MXE)

  • According to Musaffa’s Shariah screening methodology, Mexico Equity and Income Fund Inc (MXE) 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.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Mexico Equity and Income Fund Inc using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Mexico Equity and Income Fund Inc 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 Mexico Equity and Income Fund Inc 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 Mexico Equity and Income Fund Inc 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 Mexico Equity and Income Fund Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

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