Does Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. pass AAOIFI screening?

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

How much purification is needed for Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. stock?

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (EDD) has a non-permissible income ratio of 100.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from EDD 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 Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (EDD) 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 EDD's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (EDD) halal? Not Halal. Based on AAOIFI screening, Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

EDD: Is Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. Halal?

Not Halal

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc.

NYSEFinancial ServicesUS

$5.46

+0.00%

About Morgan Stanley Emerging Markets Domestic Debt Fund, Inc.

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. is a closed ended fixed income mutual fund launched and managed by Morgan Stanley Investment Management Inc. The fund invests in fixed income markets of emerging market countries across the globe. It typically invests in government bonds denominated in the local currencies of emerging markets. The fund benchmarks the performance of its portfolio against the JPMorgan Government Bond Index - Emerging Markets Global Diversified Index. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. was formed on January 25, 2007 and is domiciled in United States.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 13, 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% (108.0%)

Basket Composition

98% 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.

108%

Halal0%

Doubtful0%

Haram108%

Unknown0%

Top Holdings

REPUBLIC OF SOUTH AFRICAharam5.15%MEX BONOS DESARR FIX RTharam4.61%POLAND GOVERNMENT BONDharam3.77%EGYPT GOVERNMENT BONDharam3.26%UZBEK INDUSTRIAL AND CONharam3.18%REPUBLIC OF SOUTH AFRICAharam3.00%EGYPT GOVERNMENT BONDharam2.83%United States Treasuryharam2.37%MSMorgan Stanley & Co. LLCharam2.25%INDONESIA GOVERNMENTharam2.07%

Compliance History

Not Halalnow
current status
Under Review
until the change above

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

Screened: Jun 13, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

Financial Overview

Market Cap

351.9M

Price

$5.46

Sector

Financial Services

Industry

Asset Management

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 Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (EDD) halal to invest in?

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (EDD) 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 Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. get a F compliance rating?

Morgan Stanley Emerging Markets Domestic Debt 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 Morgan Stanley Emerging Markets Domestic Debt Fund, Inc.'s Shariah verdict?

Morgan Stanley Emerging Markets Domestic Debt 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 Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. re-screened for Shariah compliance?

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (EDD) 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 13, 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.