What is Nuveen Global High Income Fund's Shariah compliance score?

Nuveen Global High Income Fund (JGH) has a Shariah compliance score of 50/100 (Grade: C+, Fair) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Nuveen Global High Income Fund pass AAOIFI screening?

Nuveen Global High Income Fund (JGH) 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% (JGH: 0.0%), (3) interest-bearing deposits below 30% (JGH: 0.0%), and (4) prohibited income below 5% (JGH: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Nuveen Global High Income Fund stock?

Nuveen Global High Income Fund (JGH) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from JGH 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 Nuveen Global High Income Fund for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Nuveen Global High Income Fund (JGH) 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 JGH's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

JGH: Is Nuveen Global High Income Fund Halal?

Nuveen Global High Income Fund

NYSEFinancial ServicesUS

$12.95

+0.78%

Market Cap: 300.1M

About Nuveen Global High Income Fund

The Nuveen Global High Income Fund (JGH) is a closed-end investment fund focused on fixed income, initiated by Nuveen Investments, Inc. It is jointly managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. This fund allocates capital to debt markets around the world, with a primary focus on U.S. and non-U.S. high-yield bonds from both established and developing economies. Its portfolio also includes corporate debt, U.S. and international government debt instruments, mortgage-backed and asset-backed securities, preferred stock, secured and unsecured loans, and convertible debt. The fund specifically targets sub-investment grade securities, typically rated BB/Ba or lower. Employing a diverse global high-income strategy, it builds its holdings by combining various high-yield and income-generating assets from different global regions, across the capital structure, and throughout the credit spectrum. Its performance is measured against the Barclays Global High Yield Index. Established on August 5, 2014, the fund is based in the United States.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 2026

Basket Composition

0% 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.

100%

Halal0%

Doubtful0%

Not Halal0%

Unknown100%

Compliance History

Under Reviewnow
since Jul 2026
Not Halal
until the change above
Under Review
until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: N/AData source: FMP-LOOKTHROUGH

Purify Your JGH Dividends

Calculate your purification amount for JGH dividends based on AAOIFI standards.

More Financial Services Stocks

JPM

JPMorgan Chase & Co.

Visa Inc.

Mastercard Incorporated

A+

PYPL

PayPal Holdings, Inc.

C+

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

Track JGH and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Nuveen Global High Income Fund (JGH) halal to invest in?

Nuveen Global High Income Fund (JGH) is screened using AAOIFI Standard 21 look-through analysis. Each underlying holding is screened individually and the weighted aggregate determines the fund verdict. Check the verdict above for the current compliance ruling.

Why did Nuveen Global High Income Fund get a C+ compliance rating?

Nuveen Global High Income Fund'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 Nuveen Global High Income Fund's Shariah verdict?

Nuveen Global High Income 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 Nuveen Global High Income Fund re-screened for Shariah compliance?

Nuveen Global High Income Fund (JGH) 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 20, 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.