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Compliance Status

Not Halal

Screened on Oct 13, 2026 · AAOIFI Standard 21 look-through

F

Non-Compliant

0Score

Is Adams Natural Resources Fund, Inc. (PEO) halal? Not Halal. Looking through its holdings under AAOIFI Standard 21, Adams Natural Resources Fund, Inc. 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 Adams Natural Resources Fund, Inc. (PEO) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Oct 13, 2026. Source: https://halalscreener.app/en/stock/PEO

Basket rule

Over the limit

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

13.0% of 5.0% limit

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

Adams Natural Resources Fund, Inc.

PEO: Is Adams Natural Resources Fund, Inc. Halal?

Adams Natural Resources Fund, Inc.

NYSEFinancial ServicesUS

$29.84

Market Cap: 836.4M

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About Adams Natural Resources Fund, Inc.

Adams Natural Resources Fund, Inc. is a publicly owned investment manager. The firm invests in the public equity markets across the globe. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors. The firm employs a fundamental analysis with a bottom-up stock picking approach while focusing on earnings growth prospects, defendable market position, market competition, macroeconomic backdrop, cash flow generation, valuation, capital allocation, return on capital, mileposts and catalysts, and "point in cycle" identification to make its investments. It benchmarks the performance of its portfolios against a composite index of 80% Dow Jones Oil and Gas Index and 20% Dow Jones Basic Materials Index. The firm was formerly known as Petroleum & Resources Corporation. Adams Natural Resources Fund, Inc. was founded in January 1929 and is based in Baltimore, Maryland with an additional office in Boston, Massachusetts.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21 look-throughUpdated Oct 13, 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% (13.0%)

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.

53%
13%
27%
Halal53%
Doubtful7%
Not Halal13%
Unknown27%
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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

This fund is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is Adams Natural Resources Fund, Inc. (PEO) halal to invest in?
Adams Natural Resources Fund, Inc. (PEO) 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 Adams Natural Resources Fund, Inc. get a F compliance rating?
Adams Natural Resources Fund, Inc.'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 Adams Natural Resources Fund, Inc.'s Shariah verdict?
Adams Natural Resources 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 Adams Natural Resources Fund, Inc. re-screened for Shariah compliance?
Adams Natural Resources Fund, Inc. is re-screened as its published holdings change. Last screened: Oct 13, 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.