What is Royce Value Trust Inc.'s Shariah compliance score?

Royce Value Trust Inc.'s (RVT) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Royce Value Trust Inc. pass AAOIFI screening?

Royce Value Trust Inc. (RVT) 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% (RVT: 0.0%), (3) interest-bearing deposits below 30% (RVT: 0.0%), and (4) prohibited income below 5% (RVT: 65.6%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Royce Value Trust Inc. stock?

Royce Value Trust Inc. (RVT) has a non-permissible income ratio of 65.56%. Muslim investors should purify this percentage of any dividends received and capital gains realized from RVT 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 Royce Value Trust Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Royce Value Trust Inc. (RVT) 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 RVT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

RVT: Is Royce Value Trust Inc. Halal?

Royce Value Trust Inc.

NYSEFinancial ServicesUS

$18.47

-0.22%

Market Cap: 2.2B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Royce Value Trust Inc. (RVT) halal? Not Halal. Based on AAOIFI screening, Royce Value Trust Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Basket rule

Over the limit

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

32.5% of 5.0% limit

88% of the basket's holdings were screened individually.

About Royce Value Trust Inc.

Royce Value Trust Inc. operates as a closed-end investment trust focused on equities, managed by Royce & Associates, LLC. It primarily allocates its capital to publicly traded companies within the United States. The trust strategically diversifies its holdings across numerous economic sectors, specifically seeking out value-focused stocks from businesses categorized as small-cap and micro-cap. To assess its portfolio's effectiveness, the fund's returns are measured against the Russell 2000 Index. Royce Value Trust Inc. was established on July 1, 1986, and maintains its legal residence in the United States.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 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% (32.5%)

Basket Composition

88% 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.

52%

33%

11%

Halal52%

Doubtful4%

Not Halal33%

Unknown11%

Top Holdings

Fixed Income Clearing Corp.Not Halal4.62%IESCIES Holdings IncHalal2.64%AGOAssured Guaranty LtdNot Halal1.23%APGAPI Group CorpHalal1.20%ACAArcosa IncHalal1.18%IGICInternational General Insurance Holdings LtdNot Halal0.99%KWRQuaker Chemical CorpNot Halal0.95%SEICSEI Investments CoHalal0.93%BRCBrady CorpHalal0.91%JBTMJBT Marel CorpHalal0.87%

Compliance History

Not Halalnow
since Jul 2026
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:

GLDA+

SPDR Gold Shares

$368.41

+0.17%

SLVA+

iShares Silver Trust

$50.78

+0.47%

PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

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

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Frequently Asked Questions

Is Royce Value Trust Inc. (RVT) halal to invest in?

Royce Value Trust Inc. (RVT) 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 Royce Value Trust Inc. get a F compliance rating?

Royce Value Trust Inc.'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 Royce Value Trust Inc.'s Shariah verdict?

Royce Value Trust 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 Royce Value Trust Inc. re-screened for Shariah compliance?

Royce Value Trust Inc. (RVT) 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 18, 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.