What is The Gabelli Utility Trust's Shariah compliance score?

The Gabelli Utility Trust's (GUT) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does The Gabelli Utility Trust pass AAOIFI screening?

The Gabelli Utility Trust (GUT) 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% (GUT: 0.0%), (3) interest-bearing deposits below 30% (GUT: 0.0%), and (4) prohibited income below 5% (GUT: 4.3%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for The Gabelli Utility Trust stock?

The Gabelli Utility Trust (GUT) has a non-permissible income ratio of 4.34%. Muslim investors should purify this percentage of any dividends received and capital gains realized from GUT 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 The Gabelli Utility Trust for Shariah compliance for free?

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

GUT: Is The Gabelli Utility Trust Halal?

The Gabelli Utility Trust

NYSEFinancial ServicesUS

$6.30

-0.94%

Market Cap: 564.5M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is The Gabelli Utility Trust (GUT) halal? Not Halal. Based on AAOIFI screening, The Gabelli Utility Trust 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.

87.5% of 5.0% limit

88% of the basket's holdings were screened individually.

About The Gabelli Utility Trust

Operating as a closed-end equity fund, The Gabelli Utility Trust was initially established by GAMCO Investors, Inc., with its management overseen by Gabelli Funds, LLC. This fund primarily allocates capital to publicly traded companies across global markets, focusing specifically on businesses involved in delivering products, services, or vital equipment for the generation or distribution of essential utilities such as electricity, gas, and water, alongside telecommunications services and broader infrastructure operations. It seeks investment opportunities in companies regardless of their market capitalization. To measure its performance, the fund benchmarks its portfolio against the S&P 500 Utilities Index, the Lipper Utility Fund Average, and the S&P 500 Index. The Gabelli Utility Trust commenced operations on July 9, 1999, and is legally based in the United States.

Sector: Financial Services · Industry: Asset Management

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% (87.5%)

Basket Composition

88% 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.

13%

87%

Halal13%

Doubtful3%

Not Halal87%

Unknown0%

Top Holdings

NEENextEra Energy IncNot Halal5.28%OKEOneok Inc.Not Halal4.29%WECWEC Energy Group Inc.Not Halal4.20%XELXcel Energy IncNot Halal3.56%SWXSouthwest Gas Holdings IncNot Halal3.51%EVRGEvergy IncNot Halal3.43%NFGNational Fuel Gas CompanyNot Halal3.05%OGEOGE Energy CorporationNot Halal2.91%DUKDuke Energy CorpNot Halal2.90%ESEversource EnergyNot Halal2.49%

Compliance History

Not Halalnow
since Jun 2026
Under Review
until the change above

Tracked since May 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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SLVA+

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PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

ABA+

AllianceBernstein Holding L.P.

$36.03

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Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is The Gabelli Utility Trust (GUT) halal to invest in?

The Gabelli Utility Trust (GUT) 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 The Gabelli Utility Trust get a F compliance rating?

The Gabelli Utility Trust'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 The Gabelli Utility Trust's Shariah verdict?

The Gabelli Utility Trust'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 The Gabelli Utility Trust re-screened for Shariah compliance?

The Gabelli Utility Trust (GUT) 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.