Compliance Status
Not Halal
Screened on Oct 18, 2026 · AAOIFI Standard 21 look-through
Non-Compliant
Is GAMCO Global Gold, Natural Resources & Income Trust (GGN) halal? Not Halal. Looking through its holdings under AAOIFI Standard 21, GAMCO Global Gold, Natural Resources & Income Trust has 5% or more of its basket by weight in non-compliant holdings with a compliance score of 0/100 (Grade: F).
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HalalScreener rates GAMCO Global Gold, Natural Resources & Income Trust (GGN) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Oct 18, 2026. Source: https://halalscreener.app/en/stock/GGN
Basket rule
Over the limitAn ETF is halal when non-compliant holdings stay under 5% of the basket by weight.
79% of the basket's holdings were screened individually.
GGN: Is GAMCO Global Gold, Natural Resources & Income Trust Halal?
GAMCO Global Gold, Natural Resources & Income Trust
$5.26
Market Cap: 821.7M
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About GAMCO Global Gold, Natural Resources & Income Trust
GAMCO Global Gold, Natural Resources & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies principally engaged in the gold and natural resources industries including companies principally engaged in the exploration, mining, fabrication, processing, distribution, or trading of gold, or the financing, managing and controlling, or operating of companies engaged in gold related activities. It also invests in equity securities of companies principally engaged in the exploration, production, or distribution of natural resources, such as gas and oil, paper, food and agriculture, forestry products, metals, and minerals as well as related transportation companies and equipment manufacturers. The fund makes its investments using call options. It benchmarks the performance of its portfolio against the CBOE S&P 500 Buy/Write Index, Philadelphia Gold & Silver Index, Energy Select Sector Index, and Barclays Government/Credit Bond Index. The fund was formerly known as GAMCO Global Gold, Natural Resources & Income Trust by Gabelli. GAMCO Global Gold, Natural Resources & Income Trust was formed on January 4, 2005 and is domiciled in United States.
Sector: Financial Services · Industry: Asset Management - Income
Shariah Compliance Status
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why GGN is rated Not Halal with institutional-grade analysis
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Basket-weighted haram holdings exceed 5% (26.3%)
Basket Composition
79% of basket screenedETFs 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.
Top Holdings
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Screened according to AAOIFI Standard 21
Compliance History
Not Halalnow
since Jun 2026
Under Review
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
Halal Alternatives in Financial Services
This fund is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
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Frequently Asked Questions
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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.