What is Templeton Emerging Markets Income Fund's Shariah compliance score?

Templeton Emerging Markets Income Fund's (TEI) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Templeton Emerging Markets Income Fund pass AAOIFI screening?

Templeton Emerging Markets Income Fund (TEI) 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% (TEI: 0.0%), (3) interest-bearing deposits below 30% (TEI: 0.0%), and (4) prohibited income below 5% (TEI: 100.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Templeton Emerging Markets Income Fund stock?

Templeton Emerging Markets Income Fund (TEI) has a non-permissible income ratio of 100.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from TEI 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 Templeton Emerging Markets Income Fund for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Templeton Emerging Markets Income Fund (TEI) 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 TEI's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

TEI: Is Templeton Emerging Markets Income Fund Halal?

Templeton Emerging Markets Income Fund

NYSEFinancial ServicesUS

$6.37

-0.16%

Market Cap: 300.8M

Compliance Status

Not Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Templeton Emerging Markets Income Fund (TEI) halal? Not Halal. Based on AAOIFI screening, Templeton Emerging Markets Income Fund 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.

122.8% of 5.0% limit

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

About Templeton Emerging Markets Income Fund

Templeton Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc. It is managed by Franklin Advisers, Inc. The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in bonds issued by sovereign or sovereign-related entities and private sector companies. The fund benchmarks the performance of its portfolio against the J.P. Morgan Emerging Markets Bond Index. Templeton Emerging Markets Income Fund was formed on September 23, 1993 and is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 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% (122.8%)

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.

123%

Halal0%

Doubtful0%

Not Halal123%

Unknown0%

Top Holdings

Republic of EcuadorNot Halal6.57%Franklin Institutional U.S. Government Money Market FundNot Halal5.66%Republic of South AfricaNot Halal5.42%Republic of RwandaNot Halal5.17%ICBC Standard Bank plcNot Halal4.65%Dominican RepublicNot Halal4.43%U.S. Treasury BillsNot Halal4.20%Republic of KenyaNot Halal3.98%Argentine Republic (The)Not Halal3.94%Republic of South AfricaNot Halal3.57%

Compliance History

Not Halalnow
since Jun 2026
Under Review
until the change above

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

Fiscal: N/AData source: FMP-LOOKTHROUGH

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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 Templeton Emerging Markets Income Fund (TEI) halal to invest in?

Templeton Emerging Markets Income Fund (TEI) 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 Templeton Emerging Markets Income Fund get a F compliance rating?

Templeton Emerging Markets 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 Templeton Emerging Markets Income Fund's Shariah verdict?

Templeton Emerging Markets 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 Templeton Emerging Markets Income Fund re-screened for Shariah compliance?

Templeton Emerging Markets Income Fund (TEI) 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 19, 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.