What is The European Equity Fund, Inc.'s Shariah compliance score?

The European Equity Fund, Inc. (EEA) has a Shariah compliance score of 61/100 (Grade: B, Acceptable) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does The European Equity Fund, Inc. pass AAOIFI screening?

The European Equity Fund, Inc. (EEA) 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% (EEA: 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 The European Equity Fund, Inc. 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 The European Equity Fund, Inc. (EEA) using the latest financial data.

Where can I screen The European Equity Fund, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for The European Equity Fund, Inc. (EEA) 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 EEA's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

EEA: Is The European Equity Fund, Inc. Halal?

The European Equity Fund, Inc.

NYSEFinancial ServicesUS

$11.35

+1.23%

Market Cap: 76.0M

About The European Equity Fund, Inc.

The European Equity Fund, Inc. (EEA) is a closed-end investment fund primarily focused on European public equities. Established by Deutsche Investment Management Americas Inc., its portfolio management is overseen by Deutsche Asset Management International GmbH. The fund strategically allocates capital across diversified sectors within the European market, investing predominantly in shares and equity-linked instruments of various companies. It benchmarks its performance against the MSCI-EMU Index. Formed on July 23, 1986, and domiciled in the United States, the fund was previously known as Germany Fund Inc.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Basket Composition

31% 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.

27%

69%

Halal27%

Doubtful1%

Not Halal3%

Unknown69%

Top Holdings

ASMLASML HOLDING NV /EUR/Halal6.44%HSBC HOLDINGS PLC /GBP/Unknown3.66%NOVARTIS AG-REG /CHF/Unknown3.22%AIRBUS SE /EUR/Unknown3.03%IFNNYINFINEON TECHNOLOGIES AG /EUR/Halal3.00%SMNEYSIEMENS ENERGY AG /EUR/Halal2.99%SBGSYSCHNEIDER ELEC SA /EUR/Halal2.84%BANCO SANTANDER SA /EUR/Unknown2.77%AXA SA /EUR/Unknown2.57%UNICREDIT SPA /EUR/Unknown2.51%

Fiscal: N/AData source: FMP-LOOKTHROUGH

Purify Your EEA Dividends

2.2% non-compliant income

EEA has 2.2% prohibited income. Calculate exactly how much of your dividends to donate.

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Frequently Asked Questions

Is The European Equity Fund, Inc. (EEA) halal to invest in?

The European Equity Fund, Inc. (EEA) is screened using AAOIFI Standard 21 look-through analysis. Each underlying holding is screened individually and the weighted aggregate determines the fund verdict. Check the verdict above for the current compliance ruling.

Why did The European Equity Fund, Inc. get a B compliance rating?

The European Equity Fund, Inc.'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 The European Equity Fund, Inc.'s Shariah verdict?

The European Equity Fund, Inc.'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 The European Equity Fund, Inc. re-screened for Shariah compliance?

The European Equity Fund, Inc. (EEA) 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.