Abrdn Global Infrastructure Income Fund

ASGI: Is Abrdn Global Infrastructure Income Fund Halal?

Abrdn Global Infrastructure Income Fund

NYSEFinancial ServicesUS

$22.81

+1.65%

Market Cap: 721.3M

Compliance Status

Not Halal

Screened on Jul 16, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Abrdn Global Infrastructure Income Fund (ASGI) halal? Not Halal. Based on AAOIFI screening, Abrdn Global Infrastructure Income Fund has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Basket rule

Over the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

35.5% of 5.0% limit

45% of the basket's holdings were screened individually.

About Abrdn Global Infrastructure Income Fund

abrdn Global Infrastructure Income Fund is a newly organized, non-diversified, closed-end management investment company. The Fund's investment objective is to seek to provide a level of total return with an emphasis on current income. Its investment portfolios include Public & Private/Direct Infrastructure Investments. The company is headquartered in Philadelphia, PA.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 16, 2026

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% (35.5%)

Basket Composition

45% 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.

8%
36%
54%
Halal8%
Doubtful2%
Not Halal36%
Unknown54%

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.

Fiscal: N/AData source: FMP-LOOKTHROUGH

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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Frequently Asked Questions

Is Abrdn Global Infrastructure Income Fund (ASGI) halal to invest in?
Abrdn Global Infrastructure Income Fund (ASGI) 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.
Why did Abrdn Global Infrastructure Income Fund get a F compliance rating?
Abrdn Global Infrastructure 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.
What could change Abrdn Global Infrastructure Income Fund's Shariah verdict?
Abrdn Global Infrastructure 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.
How often is Abrdn Global Infrastructure Income Fund re-screened for Shariah compliance?
Abrdn Global Infrastructure Income Fund (ASGI) 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: Jul 16, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

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.