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

Nuveen Global High Income Fund's (JGH) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

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%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Nuveen Global High Income Fund 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 Nuveen Global High Income Fund (JGH) 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 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 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

Compliance Status

Not Halal

Screened on Sep 1, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Nuveen Global High Income Fund (JGH) halal? Not Halal. Based on AAOIFI screening, Nuveen Global High Income Fund has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Nuveen Global High Income Fund (JGH) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/JGH

Basket rule

Over the limit

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

99.2% of 5.0% limit

99% of the basket's holdings were screened individually.

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 Sep 1, 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% (99.2%)

Basket Composition

99% 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.

99%

Halal0%

Doubtful0%

Not Halal99%

Unknown1%

Top Holdings

Venture Global LNG IncNot Halal1.08%REPUBLIC OF ARGENTINANot Halal0.97%PETROLEOS MEXICANOSNot Halal0.97%Beach Acquisition Bidco LLCNot Halal0.93%YPF SANot Halal0.77%Altice France SANot Halal0.76%Compeer Financial ACANot Halal0.75%Broadstreet Partners Group LLCNot Halal0.75%OHS Issuer LLCNot Halal0.72%ILPT Commercial Mortgage Trust 2025-LPF2Not Halal0.71%

Compliance History

Not Halalnow
since Aug 2026
Under Review
until the change above
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

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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Sprott Physical Gold and Silver Trust

$43.28

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Frequently Asked Questions

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

Nuveen Global High Income Fund (JGH) 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 Nuveen Global High Income Fund get a F 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: Sep 1, 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.