
RGT: Is Royce Global Value Trust, Inc. Halal?
Royce Global Value Trust, Inc.
$15.49
+0.42%
Market Cap: 101.0M
Compliance Status
Not Halal
Screened on Aug 26, 2026 · AAOIFI Standard 21
Non-Compliant
Is Royce Global Value Trust, Inc. (RGT) halal? Not Halal. Based on AAOIFI screening, Royce Global Value Trust, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).
Basket rule
Over the limitAn ETF is halal when non-compliant holdings stay under 5% of the basket by weight.
61% of the basket's holdings were screened individually.
About Royce Global Value Trust, Inc.
The Royce Global Value Trust, Inc. (RGT) operated as a closed-end equity investment vehicle, established and managed by Royce & Associates, LLC. Its strategy involved allocating capital to publicly traded companies across international markets, ensuring diversification across numerous industries. The fund concentrated its investments on value-oriented equities within the small-capitalization and micro-capitalization segments. Its portfolio's performance was measured against the Russell Global SC Index. Formed in the United States on November 26, 1986, the trust maintained its domicile there.
Sector: Financial Services · Industry: Asset Management - Global
Shariah Compliance Status
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Basket-weighted haram holdings exceed 5% (15.5%)
Basket Composition
61% of basket screenedETFs 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.
Top Holdings
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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Frequently Asked Questions
Is Royce Global Value Trust, Inc. (RGT) halal to invest in?
Why did Royce Global Value Trust, Inc. get a F compliance rating?
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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.




