Does Eaton Vance Tax-Managed Buy-Write Opportunities Fund pass AAOIFI screening?

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) 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% (ETV: 0.0%), (3) interest-bearing deposits below 30% (ETV: 0.0%), and (4) prohibited income below 5% (ETV: 8.9%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Eaton Vance Tax-Managed Buy-Write Opportunities Fund stock?

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) has a non-permissible income ratio of 8.93%. Muslim investors should purify this percentage of any dividends received and capital gains realized from ETV 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 Eaton Vance Tax-Managed Buy-Write Opportunities Fund for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) 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 ETV's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) halal? Not Halal. Based on AAOIFI screening, Eaton Vance Tax-Managed Buy-Write Opportunities Fund has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

ETV: Is Eaton Vance Tax-Managed Buy-Write Opportunities Fund Halal?

Not Halal

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

NYSEFinancial ServicesUS

$14.91

-0.27%

About Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Buy-Write Opportunities Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund also writes call options on one or more U.S. indices on a substantial portion of the value of its common stock portfolio. It benchmarks the performance of its portfolio against the S&P 500 Index, the CBOE S&P 500 BuyWrite Index, the NASDAQ-100 Index, and the CBOE NASDAQ-100 BuyWrite Index. Eaton Vance Tax-Managed Buy-Write Opportunities Fund was formed on June 30, 2005 and is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 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% (17.5%)

Basket Composition

100% 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.

79%

17%

Halal79%

Doubtful4%

Haram17%

Unknown0%

Top Holdings

NVDANVIDIA Corphalal8.97%AAPLApple Inchalal8.09%MSFTMicrosoft Corphalal6.10%AMZNAmazon.com Inchalal4.52%GOOGLAlphabet Inchalal3.74%AVGOBroadcom Inchalal3.73%GOOGLAlphabet Inchalal3.08%METAMeta Platforms Inchalal2.97%TSLATesla Inchalal2.77%NFLXNetflix Inchalal1.96%

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 18, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

Financial Overview

Market Cap

1.7B

Price

$14.91

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 Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) halal to invest in?

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) 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 Eaton Vance Tax-Managed Buy-Write Opportunities Fund get a F compliance rating?

Eaton Vance Tax-Managed Buy-Write Opportunities 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 Eaton Vance Tax-Managed Buy-Write Opportunities Fund's Shariah verdict?

Eaton Vance Tax-Managed Buy-Write Opportunities 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 Eaton Vance Tax-Managed Buy-Write Opportunities Fund re-screened for Shariah compliance?

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) 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 18, 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.