Eaton Vance Enhanced Equity Income Fund II

EOS: Is Eaton Vance Enhanced Equity Income Fund II Halal?

Eaton Vance Enhanced Equity Income Fund II

NYSEFinancial ServicesUS

$22.97

+0.22%

Market Cap: 1.2B

Compliance Status

Halal

Screened on Sep 3, 2026 · AAOIFI Standard 21

A

Very Good

87Score

Is Eaton Vance Enhanced Equity Income Fund II (EOS) halal? Halal. Based on AAOIFI screening, Eaton Vance Enhanced Equity Income Fund II passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 87/100 (Grade: A).

Quote this verdict

HalalScreener rates Eaton Vance Enhanced Equity Income Fund II (EOS) Halal, 87/100, grade A under AAOIFI Standard 21 look-through, screened Sep 3, 2026. Source: https://halalscreener.app/en/stock/EOS

Basket rule

Within the limit

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

3.7% of 5.0% limit

99% of the basket's holdings were screened individually.

About Eaton Vance Enhanced Equity Income Fund II

Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of mid-cap and large-cap companies. It generates current earnings from option premiums by selling covered call options on a substantial portion of its portfolio. The fund benchmarks the performance of its portfolio against the Russell 1000 Growth Index, the CBOE S&P 500 BuyWrite Index, and the CBOE NASDAQ-100 BuyWrite Index. Eaton Vance Enhanced Equity Income Fund II was formed on January 31, 2005 and is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 3, 2026

Business Activity Screen

Passed

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

Peripheral exposure (still halal, purify this share)
2.6%

Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.

  • Basket look-through: 93.2% halal, 2.4% doubtful, 3.7% haram, 0.7% unknown

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

Basket Composition

99% 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.

93%
Halal93%
Doubtful2%
Not Halal4%
Unknown1%

Compliance History

  1. Halalnow

    since Sep 2026

  2. Not Halal

    until the change above

  3. Under Review

    until the change above

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

Fiscal: N/AData source: FMP-LOOKTHROUGH

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0.7% non-compliant income

EOS has 0.7% prohibited income. Calculate exactly how much of your dividends to donate.

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Frequently Asked Questions

Is Eaton Vance Enhanced Equity Income Fund II (EOS) halal to invest in?
Based on AAOIFI Standard 21 screening, Eaton Vance Enhanced Equity Income Fund II (EOS) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Eaton Vance Enhanced Equity Income Fund II get a A compliance rating?
Eaton Vance Enhanced Equity Income Fund II'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 Eaton Vance Enhanced Equity Income Fund II's Shariah verdict?
Eaton Vance Enhanced Equity Income Fund II'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 Eaton Vance Enhanced Equity Income Fund II re-screened for Shariah compliance?
Eaton Vance Enhanced Equity Income Fund II (EOS) 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: Sep 3, 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.