Mexico Equity and Income Fund Inc MXE
$13.50 $0.20 (1.50%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
Pricing for US stocks is delayed by 24 hours
MXE Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Mexico Equity and Income Fund Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Mexico Equity and Income Fund Inc. Stock Analysis MXE
United States N/A Micro Cap 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.
Mexico Equity and Income Fund Inc (MXE) Chart
Financial Metrics & Statements of Mexico Equity and Income Fund Inc (MXE)
FAQ's for Mexico Equity and Income Fund Inc (MXE)
- As of August 2026, Mexico Equity and Income Fund Inc MXE 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 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.
Alternate Halal Stocks for Mexico Equity and Income Fund Inc (MXE)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
