Is Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) halal? Not Halal. Based on AAOIFI screening, Eaton Vance Tax-Advantaged Dividend Income Fund has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Eaton Vance Tax-Advantaged Dividend Income Fund

EVT: Is Eaton Vance Tax-Advantaged Dividend Income Fund Halal?

Not Halal

Eaton Vance Tax-Advantaged Dividend Income Fund

NYSEFinancial ServicesUS

$26.93

-0.13%

About Eaton Vance Tax-Advantaged Dividend Income Fund

Eaton Vance Tax-Advantaged Dividend Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across the diversified sectors. The fund primarily invests in dividend paying value stocks of companies that qualify for favorable federal income tax treatment. It benchmarks the performance of its portfolio against the Russell 1000 Value Index. Eaton Vance Tax-Advantaged Dividend Income Fund was formed on September 30, 2003 and is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

معيار أيوفي 21تحديث ١٨ يونيو ٢٠٢٦
F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

  • Basket-weighted haram holdings exceed 5% (77.2%)

Basket Composition

98% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

56%
77%
Halal56%
Doubtful6%
Haram77%
Unknown0%

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Under Review

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 18, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

Financial Overview

Market Cap

2.0B

Price

$26.93

Sector

Financial Services

Industry

Asset Management - Income

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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الأسئلة الشائعة

هل Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) حلال للاستثمار؟
Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
لماذا حصل Eaton Vance Tax-Advantaged Dividend Income Fund على تقييم توافق F؟
Eaton Vance Tax-Advantaged Dividend Income Fund's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.
ما الذي قد يغير حكم Eaton Vance Tax-Advantaged Dividend Income Fund الشرعي؟
Eaton Vance Tax-Advantaged Dividend Income Fund's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.
كم مرة يُعاد فحص Eaton Vance Tax-Advantaged Dividend Income Fund للتوافق الشرعي؟
Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 18, 2026.

مفحوص وفق معيار أيوفي رقم 21 · لأغراض إعلامية فقط. استشر مستشاراً مالياً إسلامياً مؤهلاً قبل الاستثمار.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.