What is The Taiwan Fund, Inc.'s Shariah compliance score?

The Taiwan Fund, Inc. (TWN) has a Shariah compliance score of 59/100 (Grade: C+, Fair) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does The Taiwan Fund, Inc. pass AAOIFI screening?

The Taiwan Fund, Inc. (TWN) 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% (TWN: 0.0%), (3) interest-bearing deposits below 30% (TWN: 0.0%), and (4) prohibited income below 5% (TWN: 0.7%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for The Taiwan Fund, Inc. stock?

The Taiwan Fund, Inc. (TWN) has a non-permissible income ratio of 0.67%. Muslim investors should purify this percentage of any dividends received and capital gains realized from TWN 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 The Taiwan Fund, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for The Taiwan Fund, Inc. (TWN) 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 TWN's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

TWN: Is The Taiwan Fund, Inc. Halal?

The Taiwan Fund, Inc.

NYSEFinancial ServicesHK

$97.29

+2.64%

Market Cap: 558.6M

About The Taiwan Fund, Inc.

The Taiwan Fund, Inc., a closed-end equity mutual fund, is overseen by JF International Management Inc. It primarily allocates capital to publicly traded stocks within Taiwan's markets, aiming to construct a portfolio diversified across various sectors. To build this portfolio, the fund engages in thorough fundamental analysis, evaluating numerous criteria. These criteria include a company's growth outlook, its competitive standing within its industry, technological advancements, research and development initiatives, operational efficiency, labor and raw material costs and sources, profit margins, return on investment, available capital resources, government regulations, and the quality of its management team. Its performance is measured against the TAIEX Total Return Index. The fund, which was established on December 23, 1986, is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Basket Composition

27% 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.

27%

73%

Halal27%

Doubtful0%

Not Halal0%

Unknown73%

Top Holdings

TSMTaiwan Semiconductor Manufacturing Co LtdHalal27.15%MediaTek IncUnknown8.16%Hon Precision IncUnknown6.81%Unimicron Technology CorpUnknown5.39%King Slide Works Co LtdUnknown5.14%Delta Electronics IncUnknown4.74%Elite Material Co LtdUnknown4.70%MPI CorpUnknown4.24%LandMark Optoelectronics CorpUnknown3.55%eMemory Technology IncUnknown3.34%

Compliance History

Under Review, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: N/AData source: FMP-LOOKTHROUGH

Purify Your TWN Dividends

0.7% non-compliant income

TWN has 0.7% prohibited income. Calculate exactly how much of your dividends to donate.

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Frequently Asked Questions

Is The Taiwan Fund, Inc. (TWN) halal to invest in?

The Taiwan Fund, Inc. (TWN) is screened using AAOIFI Standard 21 look-through analysis. Each underlying holding is screened individually and the weighted aggregate determines the fund verdict. Check the verdict above for the current compliance ruling.

Why did The Taiwan Fund, Inc. get a C+ compliance rating?

The Taiwan Fund, 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 The Taiwan Fund, Inc.'s Shariah verdict?

The Taiwan 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 The Taiwan Fund, Inc. re-screened for Shariah compliance?

The Taiwan Fund, Inc. (TWN) 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 17, 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.