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

ClearBridge Energy Midstream Opportunity Fund Inc

EMO: Is ClearBridge Energy Midstream Opportunity Fund Inc Halal?

Not Halal

ClearBridge Energy Midstream Opportunity Fund Inc

NYSEFinancial ServicesUS

$50.14

+0.50%

About ClearBridge Energy Midstream Opportunity Fund Inc

ClearBridge Energy MLP Opportunity Fund Inc. is a closed ended equity mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by ClearBridge Investments, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector. The fund primarily invests in equity securities of MLPs with operations in crude oil, natural gas liquids, and refined products infrastructure. It seeks to invest in companies with long-lived assets, predictable cash flows, and relatively low direct commodity exposure to create its portfolio. ClearBridge Energy MLP Opportunity Fund Inc. was formed on April 5, 2011 and is domiciled in the United States.

Sector: Financial Services 路 Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 13, 2026
F

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% (122.4%)

Basket Composition

91% 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.

122%
Halal2%
Doubtful0%
Haram122%
Unknown0%

Top Holdings

TRGPTARGA RESOURCES CORPharam14.81%ETEnergy Transfer LPharam11.62%WMBWilliams Companies Inc. (The)haram10.85%MPLXMPLX LPharam10.14%KMIKinder Morgan, Inc.haram8.76%OKEONEOK INCharam8.59%WESWestern Midstream Partners LPharam8.58%EPDEnterprise Products Partners L.P.haram7.60%ENBEnbridge Inc.haram6.79%AMAntero Midstream Corporationharam6.57%

Compliance History

  1. Not Halalnow

    current status

  2. 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

1.0B

Price

$50.14

Sector

Financial Services

Industry

Asset Management

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Frequently Asked Questions

Is ClearBridge Energy Midstream Opportunity Fund Inc (EMO) halal to invest in?
ClearBridge Energy Midstream Opportunity Fund Inc (EMO) 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 ClearBridge Energy Midstream Opportunity Fund Inc get a F compliance rating?
ClearBridge Energy Midstream Opportunity 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 ClearBridge Energy Midstream Opportunity Fund Inc's Shariah verdict?
ClearBridge Energy Midstream Opportunity 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 ClearBridge Energy Midstream Opportunity Fund Inc re-screened for Shariah compliance?
ClearBridge Energy Midstream Opportunity Fund Inc (EMO) 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 路 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.