Is Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) halal? Not Halal. Based on AAOIFI screening, Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).
ETW: Is Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Halal?
Not HalalEaton Vance Tax-Managed Global Buy-Write Opportunities Fund
$9.35
+1.30%
About Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
The Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) is structured as a closed-end equity investment vehicle. Its primary management responsibilities lie with Eaton Vance Management, with supplemental oversight from Parametric Portfolio Associates LLC. This fund allocates capital to publicly traded companies across international stock markets, seeking diversification across numerous industry sectors. A core aspect of its investment approach involves selling call options on various U.S. and foreign indices, covering a significant portion of its common stock assets. Established on September 30, 2005, and domiciled within the United States, the fund assesses its performance against several benchmarks, including the S&P 500 Index, the CBOE S&P 500 BuyWrite Index, the CBOE NASDAQ-100 BuyWrite Index, and the FTSE Eurotop 100 Index.
Sector: Financial Services 路 Industry: Asset Management - Global
Shariah Compliance Status
Non-Compliant
Fails Shariah screening
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Basket-weighted haram holdings exceed 5% (15.2%)
Basket Composition
76% of basket screenedETFs 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.
Compliance History
Not Halalnow
current status
Under Review
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
Financial Overview
Market Cap
1.0B
Price
$9.35
Sector
Financial Services
Industry
Asset Management - Global
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 Global Buy-Write Opportunities Fund (ETW) halal to invest in?
Why did Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund get a F compliance rating?
What could change Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund's Shariah verdict?
How often is Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund re-screened for Shariah compliance?
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.