Is Virtus Convertible & Income Fund II halal to invest in?

According to Musaffa's Shariah screening methodology, Virtus Convertible & Income Fund II (NCZ) 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.

Is Virtus Convertible & Income Fund II 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 Virtus Convertible & Income Fund II using these criteria to determine its compliance status.

Can Muslims buy shares of Virtus Convertible & Income Fund II?

Muslim investors may consider investing in Virtus Convertible & Income Fund II 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 Virtus Convertible & Income Fund II classified as NOT HALAL?

Musaffa determines the Shariah status of Virtus Convertible & Income Fund II 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 Virtus Convertible & Income Fund II updated?

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

Can a halal stock like Virtus Convertible & Income Fund II 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 Virtus Convertible & Income Fund II?

You can check the latest Shariah compliance status of Virtus Convertible & Income Fund II on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

NCZ Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 16, 2025

Report Source: 2026 2nd Quarter Report

Virtus Convertible & Income Fund II. Stock Analysis NCZ

United States N/A Micro Cap Report: Q2, 2026

Virtus Convertible & Income Fund II is a US-based company operating in industry. The company is headquartered in Greenfield, Massachusetts. The company went IPO on 2003-07-29. Virtus Convertible & Income Fund II (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide total return through a combination of capital appreciation and high current income. The Fund invests in a diversified portfolio of domestic convertible securities and high-yield bonds. The Fund seeks to invest at least 50% of its total assets in convertible securities, but determines its allocation based on changes in equity prices, changes in interest rates, and other economic and market factors. The Fund's investment advisor is Virtus Investment Advisers, LLC.

Key Statistics of Virtus Convertible & Income Fund II (NCZ)

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

Today's Range

$15.33$15.65

Today's Open

$15.65

Volume

47.58K

P/E Ratio (TTM)

5.64

52 Week Range

$11.90$15.90

Market Cap

279.73M

Avg. Volume

79.40K

Dividend Yield

11.25%

Financial Metrics & Statements of Virtus Convertible & Income Fund II (NCZ)

FAQ's for Virtus Convertible & Income Fund II (NCZ)

According to Musaffa’s Shariah screening methodology, Virtus Convertible & Income Fund II (NCZ) 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.