What is Eagle Capital Growth Fund, Inc.'s Shariah compliance score?

Eagle Capital Growth Fund, Inc.'s (GRF) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Eagle Capital Growth Fund, Inc. pass AAOIFI screening?

Eagle Capital Growth Fund, Inc. (GRF) 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% (GRF: 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 Eagle Capital Growth Fund, 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 Eagle Capital Growth Fund, Inc. (GRF) using the latest financial data.

Where can I screen Eagle Capital Growth Fund, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Eagle Capital Growth Fund, Inc. (GRF) 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 GRF's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

GRF: Is Eagle Capital Growth Fund, Inc. Halal?

Eagle Capital Growth Fund, Inc.

AMEXFinancial ServicesUS

$10.76

-0.83%

Market Cap: 42.7M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Eagle Capital Growth Fund, Inc. (GRF) halal? Not Halal. Based on AAOIFI screening, Eagle Capital Growth Fund, 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.

35.5% of 5.0% limit

73% of the basket's holdings were screened individually.

About Eagle Capital Growth Fund, Inc.

Eagle Capital Growth Fund, Inc. is a closed-end equity mutual fund launched and managed by Sims Capital Management LLC. The fund invests in the public equity markets of the United States. It makes its investments in the stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the S&P 500 Index. It was previously known as NAIC Growth Fund, Inc. Eagle Capital Growth Fund, Inc. was formed on April 11, 1989 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% (35.5%)

Basket Composition

73% 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.

37%

35%

28%

Halal37%

Doubtful0%

Not Halal35%

Unknown28%

Top Holdings

Morgan Stanley Inst. Liquidity Fund, TreasuryNot Halal16.88%Berkshire Hathaway Inc. BUnknown12.95%MKLMarkel Corp.Not Halal12.82%Alphabet, Inc. AUnknown8.88%AMZNAmazon.com Inc.Halal4.44%ITWIllinois Tool Works Inc.Halal3.92%ORLYO'Reilly Automotive Inc.Halal3.65%BENFranklin Resources, Inc.Halal3.45%AZOAutoZone Inc.Halal3.31%SYKStryker Corp.Halal2.93%

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

$398.55

+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%

More Financial Services Stocks

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JPMorgan Chase & Co.

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A+

PYPL

PayPal Holdings, Inc.

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is Eagle Capital Growth Fund, Inc. (GRF) halal to invest in?

Eagle Capital Growth Fund, Inc. (GRF) 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 Eagle Capital Growth Fund, Inc. get a F compliance rating?

Eagle Capital Growth Fund, 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 Eagle Capital Growth Fund, Inc.'s Shariah verdict?

Eagle Capital Growth 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 Eagle Capital Growth Fund, Inc. re-screened for Shariah compliance?

Eagle Capital Growth Fund, Inc. (GRF) 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.