What is Gabelli Multimedia Trust Inc.'s Shariah compliance score?

Gabelli Multimedia Trust Inc.'s (GGT) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Gabelli Multimedia Trust Inc. pass AAOIFI screening?

Gabelli Multimedia Trust Inc. (GGT) 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% (GGT: 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 Gabelli Multimedia Trust 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 Gabelli Multimedia Trust Inc. (GGT) using the latest financial data.

Where can I screen Gabelli Multimedia Trust Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Gabelli Multimedia Trust Inc. (GGT) 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 GGT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

GGT: Is Gabelli Multimedia Trust Inc. Halal?

Gabelli Multimedia Trust Inc.

NYSEFinancial ServicesUS

$4.09

-1.21%

Market Cap: 171.0M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Gabelli Multimedia Trust Inc. (GGT) halal? Not Halal. Based on AAOIFI screening, Gabelli Multimedia Trust Inc. 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.

37.2% of 5.0% limit

80% of the basket's holdings were screened individually.

About Gabelli Multimedia Trust Inc.

The Gabelli Multimedia Trust Inc. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds LLC. The fund invests in the public equity markets across the globe. It invests in stocks, convertible securities, preferred stock, options, and warrants of companies operating across global telecommunications, media, publishing, and entertainment industries. The fund also invests in companies participating in emerging technological advances in interactive services and products. It invests in stocks of companies across market capitalizations. The fund benchmarks the performance of its portfolio against the S&P 500 Index and MSCI World Free Index. It was formerly known as Gabelli Global Multimedia Trust Inc. The Gabelli Multimedia Trust Inc. was formed on November 15, 1994 and is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 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% (37.2%)

Basket Composition

80% 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.

43%

37%

20%

Halal43%

Doubtful0%

Not Halal37%

Unknown20%

Top Holdings

GOOGLAlphabet Inc.Halal4.29%SONYSony Group Corp.Halal4.04%MSGSMADISON SQUARE GARDEN SPORTS CORPHalal3.81%SATSEchoStar Corp.Not Halal2.34%GLWCorning IncorporatedHalal2.34%BATRAAtlanta Braves Holdings IncHalal2.30%United States Treasury BillsNot Halal2.13%TSATTELESAT CORPNot Halal1.98%NFLXNetflix, Inc.Halal1.83%TVGrupo Televisa S.A.B.Under Review1.74%

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:

GLDA+

SPDR Gold Shares

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+0.17%

SLVA+

iShares Silver Trust

$57.44

+0.47%

PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

CEFA+

Sprott Physical Gold and Silver Trust

$43.28

+4.44%

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Free · No credit card required

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Frequently Asked Questions

Is Gabelli Multimedia Trust Inc. (GGT) halal to invest in?

Gabelli Multimedia Trust Inc. (GGT) 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 Gabelli Multimedia Trust Inc. get a F compliance rating?

Gabelli Multimedia Trust 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 Gabelli Multimedia Trust Inc.'s Shariah verdict?

Gabelli Multimedia Trust 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 Gabelli Multimedia Trust Inc. re-screened for Shariah compliance?

Gabelli Multimedia Trust Inc. (GGT) 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.