IGDNot HalalF
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Compliance Status

Not Halal

Screened on Oct 16, 2026 · AAOIFI Standard 21 look-through

F

Non-Compliant

0Score

Is Voya Global Equity Dividend and Premium Opportunity Fund (IGD) halal? Not Halal. Looking through its holdings under AAOIFI Standard 21, Voya Global Equity Dividend and Premium Opportunity Fund 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 Voya Global Equity Dividend and Premium Opportunity Fund (IGD) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Oct 16, 2026. Source: https://halalscreener.app/en/stock/IGD

Basket rule

Over the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

35.4% of 5.0% limit

74% of the basket's holdings were screened individually.

Voya Global Equity Dividend and Premium Opportunity Fund

IGD: Is Voya Global Equity Dividend and Premium Opportunity Fund Halal?

Voya Global Equity Dividend and Premium Opportunity Fund

NYSEFinancial ServicesUS

$6.30

Market Cap: 496.9M

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About Voya Global Equity Dividend and Premium Opportunity Fund

Voya Global Equity Dividend and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies having a market capitalization of $1 billion or more. The fund also invests through call options on selected indices, individual securities, and/or exchange traded funds. It employs fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index and the Chicago Board Options Exchange BuyWrite Monthly Index. It was formerly known as ING Global Equity Dividend and Premium Opportunity Fund. Voya Global Equity Dividend and Premium Opportunity Fund was formed on March 28, 2005 and is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management - Global

Shariah Compliance Status

AAOIFI Standard 21 look-throughUpdated Oct 16, 2026

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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% (35.4%)

Basket Composition

74% 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.

36%
35%
26%
Halal36%
Doubtful3%
Not Halal35%
Unknown26%
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Screened according to AAOIFI Standard 21

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. 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

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Frequently Asked Questions

Is Voya Global Equity Dividend and Premium Opportunity Fund (IGD) halal to invest in?
Voya Global Equity Dividend and Premium Opportunity Fund (IGD) is rated Not Halal by holdings look-through. Each holding is screened individually under AAOIFI Standard 21 and the result is weighed. A fund is halal when non-compliant holdings stay under 5% of the basket by weight.
Why did Voya Global Equity Dividend and Premium Opportunity Fund get a F compliance rating?
Voya Global Equity Dividend and Premium Opportunity Fund's grade of F (Non-Compliant) reflects the weighted result of its holdings, not one company's ratios: debt and deposit ratios do not describe a fund.
What could change Voya Global Equity Dividend and Premium Opportunity Fund's Shariah verdict?
Voya Global Equity Dividend and Premium Opportunity 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 Voya Global Equity Dividend and Premium Opportunity Fund re-screened for Shariah compliance?
Voya Global Equity Dividend and Premium Opportunity Fund is re-screened as its published holdings change. Last screened: Oct 16, 2026.

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.