Does Virtus Stone Harbor Emerging Markets Income Fund pass AAOIFI screening?

Virtus Stone Harbor Emerging Markets Income Fund (EDF) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (EDF: 0.0%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Virtus Stone Harbor Emerging Markets Income Fund stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Virtus Stone Harbor Emerging Markets Income Fund (EDF) using the latest financial data.

Where can I screen Virtus Stone Harbor Emerging Markets Income Fund for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Virtus Stone Harbor Emerging Markets Income Fund (EDF) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about EDF's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

EDF: Is Virtus Stone Harbor Emerging Markets Income Fund Halal?

Virtus Stone Harbor Emerging Markets Income Fund

NYSEFinancial ServicesUS

$5.18

+1.37%

Market Cap: 166.4M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Virtus Stone Harbor Emerging Markets Income Fund (EDF) halal? Not Halal. Based on AAOIFI screening, Virtus Stone Harbor Emerging Markets 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.

100.0% of 5.0% limit

100% of the basket's holdings were screened individually.

About Virtus Stone Harbor Emerging Markets Income Fund

Virtus Stone Harbor Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched and managed by Stone Harbor Investment Partners LP. The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in sovereign debt obligations, corporate debt securities, structured notes, convertible securities, securities issued by supranational organizations, floating rate commercial loans, and securitized loan participations. The fund focuses on factors such as liquidity, volatility, tax implications, interest rate sensitivity, counterparty risks, economic factors, currency exchange rates, and technical market considerations to create its portfolio. It benchmarks the performance of its portfolios against the JP Morgan EMBI Global Diversified TR Index, the JPMorgan CEMBI Broad Diversified Index, and the JPMorgan GBI-EM Global Diversified Composite TR Index. Virtus Stone Harbor Emerging Markets Income Fund was formed on December 22, 2010 and is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 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% (100.0%)

Basket Composition

100% 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.

100%

Halal0%

Doubtful0%

Not Halal100%

Unknown0%

Top Holdings

ARGENTINA, REPUBLIC OF - SUBSECRETARIA DE FINANCIAMIENTONot Halal10.13%POINSETTIA FINANCE LTD SARLNot Halal7.15%ARGENTINA, REPUBLIC OF - SUBSECRETARIA DE FINANCIAMIENTONot Halal4.08%BUENOS AIRES, PROVINCE OFNot Halal3.57%PETROLEOS MEXICANOS SA DE CVNot Halal2.81%ELDIK BANK OJSCNot Halal2.46%ANGOLA, REPUBLIC OF - MINISTRY OF FINANCENot Halal2.44%UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICONot Halal2.42%ECUADOR, REPUBLICA DEL - MINISTERIO DE FINANZAS Y CREDITO PUBLICONot Halal2.32%PETROLEOS MEXICANOS SA DE CVNot Halal2.12%

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 Virtus Stone Harbor Emerging Markets Income Fund (EDF) halal to invest in?

Virtus Stone Harbor Emerging Markets Income Fund (EDF) 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 Virtus Stone Harbor Emerging Markets Income Fund get a F compliance rating?

Virtus Stone Harbor Emerging Markets 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 Virtus Stone Harbor Emerging Markets Income Fund's Shariah verdict?

Virtus Stone Harbor Emerging Markets 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 Virtus Stone Harbor Emerging Markets Income Fund re-screened for Shariah compliance?

Virtus Stone Harbor Emerging Markets Income Fund (EDF) 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: Aug 26, 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.