EEAUnder Review
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The European Equity Fund, Inc.

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

The European Equity Fund, Inc.

NYSEFinancial ServicesUS

$10.23

Market Cap: 68.6M

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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 21 look-throughUpdated Oct 11, 2026

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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%
Doubtful0%
Not Halal4%
Unknown69%
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Screened according to AAOIFI Standard 21

Compliance History

Under Review, unchanged since Sep 2026.

No status changes recorded since we began tracking.

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

Fiscal: N/AData source: FMP-LOOKTHROUGH

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2.2% non-compliant income

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Frequently Asked Questions

Is The European Equity Fund, Inc. (EEA) halal to invest in?
HalalScreener has not published a verdict on The European Equity Fund, Inc. (EEA): the fund is under review, and the page above says why. Each holding is screened individually under AAOIFI Standard 21 and the result is weighed. A fund is halal when non-compliant holdings stay under 5% of the basket by weight.
Why did The European Equity Fund, Inc. get a B compliance rating?
The European Equity Fund, Inc. carries no grade while its verdict is withheld.
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. is re-screened as its published holdings change. Last screened: Oct 11, 2026.

Screened by holdings look-through under 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. A fund is evaluated by screening its holdings under AAOIFI financial standards and weighing the result, using 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.