RIV Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: December 20, 2025
Report Source: 2025 Annual Report
RiverNorth Opportunities Fund Inc. Stock Analysis RIV
RiverNorth Opportunities Fund Inc is a US-based company operating in industry. RiverNorth Opportunities Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return consisting of capital appreciation and current income. The Fund seeks to achieve its investment objective by pursuing a tactical asset allocation strategy and opportunistically investing under normal circumstances in closed-end funds, exchange-traded funds (ETFs), business development companies (BDCs) and special purpose acquisition companies (SPACs). Under normal market conditions, the Fund will invest at least 80% of its Managed Assets in Underlying Funds and SPACs. The Fund intends to maintain long positions in underlying Funds but may engage in short sales for investment purposes. ALPS Advisors, Inc. (AAI) serves as the Fund’s investment adviser. RiverNorth Capital Management, LLC (RiverNorth) is the investment sub-adviser of the Fund.
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Key Statistics of RiverNorth Opportunities Fund Inc (RIV)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$11.47Volume
67.98KP/E Ratio (TTM)
8.8752 Week Range
Market Cap
315.59MAvg. Volume
80.00KDividend Yield
-Financial Metrics & Statements of RiverNorth Opportunities Fund Inc (RIV)
FAQ's for RiverNorth Opportunities Fund Inc (RIV)
- According to Musaffa’s Shariah screening methodology, RiverNorth Opportunities Fund Inc (RIV) 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.