What is DNP Select Income Fund Inc.'s Shariah compliance score?

DNP Select Income Fund Inc.'s (DNP) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does DNP Select Income Fund Inc. pass AAOIFI screening?

DNP Select Income Fund Inc. (DNP) 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% (DNP: 0.0%), (3) interest-bearing deposits below 30% (DNP: 0.0%), and (4) prohibited income below 5% (DNP: 22.4%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for DNP Select Income Fund Inc. stock?

DNP Select Income Fund Inc. (DNP) has a non-permissible income ratio of 22.37%. Muslim investors should purify this percentage of any dividends received and capital gains realized from DNP 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 DNP Select Income Fund Inc. for Shariah compliance for free?

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

Is DNP Select Income Fund Inc. (DNP) halal? Not Halal. Based on AAOIFI screening, DNP Select Income Fund Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

DNP: Is DNP Select Income Fund Inc. Halal?

Not Halal

DNP Select Income Fund Inc.

NYSEFinancial ServicesUS

$10.73

+0.37%

About DNP Select Income Fund Inc.

DNP Select Income Fund Inc. is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc. The fund is managed by Duff & Phelps Investment Management Co. It invests in the public equity and fixed income markets of the United States. For the fixed income portion, the fund invests in bonds. It seeks to invest in stocks of companies operating in the Utility sector. The fund invests in stocks of companies across all market capitalizations. It benchmarks the performance of its portfolio against the S&P 500 Utilities Index and Barclays Capital U.S. Utility Bond Index. DNP Select Income Fund Inc. was formed on November 26, 1986 and is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 14, 2026

Non-Compliant

Fails Shariah screening

0Score

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% (111.9%)

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.

112%

Halal3%

Doubtful4%

Haram112%

Unknown0%

Top Holdings

XELXcel Energy Incharam3.72%SRESempradoubtful3.52%CNPCenterPoint Energy Incharam3.40%ETREntergy Corpharam3.18%AEEAmeren Corpharam3.11%NINiSource Incharam2.98%LNTAlliant Energy Corpharam2.89%EVRGEvergy Incharam2.88%NEENextEra Energy Incharam2.77%CMSCMS Energy Corpharam2.66%

Compliance History

Not Halalnow
since Jun 2026
Under Review
until the change above

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

Screened: Jun 14, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

Financial Overview

Market Cap

4.0B

Price

$10.73

Sector

Financial Services

Industry

Asset Management - Income

Halal Alternatives in Financial Services

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

GLDA+

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SLVA+

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ABA+

AllianceBernstein Holding L.P.

$36.03

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IPCXA+

Inflection Point Acquisition Corp. III

$10.31

+0.00%

AXINA+

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$10.42

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Free · No credit card required

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Frequently Asked Questions

Is DNP Select Income Fund Inc. (DNP) halal to invest in?

DNP Select Income Fund Inc. (DNP) 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 DNP Select Income Fund Inc. get a F compliance rating?

DNP Select Income 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 DNP Select Income Fund Inc.'s Shariah verdict?

DNP Select Income 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 DNP Select Income Fund Inc. re-screened for Shariah compliance?

DNP Select Income Fund Inc. (DNP) 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: Jun 14, 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.