What is Eaton Vance Tax-Managed Buy-Write Income Fund's Shariah compliance score?

Eaton Vance Tax-Managed Buy-Write Income Fund's (ETB) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Eaton Vance Tax-Managed Buy-Write Income Fund pass AAOIFI screening?

Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) 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% (ETB: 0.0%), (3) interest-bearing deposits below 30% (ETB: 0.0%), and (4) prohibited income below 5% (ETB: 9.7%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Eaton Vance Tax-Managed Buy-Write Income Fund stock?

Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) has a non-permissible income ratio of 9.73%. Muslim investors should purify this percentage of any dividends received and capital gains realized from ETB shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Eaton Vance Tax-Managed Buy-Write Income Fund for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about ETB's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

ETB: Is Eaton Vance Tax-Managed Buy-Write Income Fund Halal?

Eaton Vance Tax-Managed Buy-Write Income Fund

NYSEFinancial ServicesUS

$15.31

-0.13%

Market Cap: 449.7M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) halal? Not Halal. Based on AAOIFI screening, Eaton Vance Tax-Managed Buy-Write 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.

24.1% of 5.0% limit

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

About Eaton Vance Tax-Managed Buy-Write Income Fund

The Eaton Vance Tax-Managed Buy-Write Income Fund operates as a closed-end equity investment vehicle, which was established and is overseen by Eaton Vance Management, with Parametric Portfolio Associates LLC sharing co-management duties. The fund's primary objective is to allocate capital to publicly traded stocks within the United States, specifically targeting large-capitalization companies across a diverse array of sectors. A distinctive aspect of its investment strategy involves selling call options on one or more U.S. market indices, covering a significant portion of its underlying common stock holdings. The fund's performance is benchmarked against the S&P 500 Index. It was founded on April 29, 2005, and is legally based in the United States.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 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% (24.1%)

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.

73%

24%

Halal73%

Doubtful3%

Not Halal24%

Unknown0%

Top Holdings

NVDANVIDIA CorpHalal8.04%AAPLApple IncHalal7.14%MSFTMicrosoft CorpHalal5.26%AMZNAmazon.com IncHalal3.91%GOOGLAlphabet IncHalal3.28%AVGOBroadcom IncHalal3.00%GOOGLAlphabet IncHalal2.51%METAMeta Platforms IncHalal2.33%BRK-BBerkshire Hathaway IncNot Halal2.06%JPMJPMorgan Chase & CoNot Halal1.91%

Compliance History

Not Halalnow
since Jul 2026
Under Review
until the change above

Tracked since Jun 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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Sprott Physical Silver Trust

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PHYSA+

Sprott Physical Gold Trust

$31.75

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ABA+

AllianceBernstein Holding L.P.

$36.03

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C+

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Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) halal to invest in?

Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) 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 Eaton Vance Tax-Managed Buy-Write Income Fund get a F compliance rating?

Eaton Vance Tax-Managed Buy-Write 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 Eaton Vance Tax-Managed Buy-Write Income Fund's Shariah verdict?

Eaton Vance Tax-Managed Buy-Write 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 Eaton Vance Tax-Managed Buy-Write Income Fund re-screened for Shariah compliance?

Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) 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 18, 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.