Hamilton Lane Private Assets Fund Class D (XHLDX) - Questionable
Hamilton Lane Private Assets Fund Class D (XHLDX) is classified as Questionable according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- ETF
- Industry
- Exchange-Traded Fund
- Result
- Doubtful
- Reason
- XHLDX is an ETF. Individual stock screening does not apply to ETFs — review the fund's underlying holdings for Shariah compliance.
Financial Ratios
Frequently Asked Questions
Is Hamilton Lane Private Assets Fund Class D (XHLDX) stock halal to invest in?
According to AAOIFI Shariah screening standards, Hamilton Lane Private Assets Fund Class D (XHLDX) is currently classified as Questionable. This is based on both business activity and financial ratio screening.
Does Hamilton Lane Private Assets Fund Class D have any interest income?
Interest income data for Hamilton Lane Private Assets Fund Class D is factored into the financial ratio screening under AAOIFI standards.
What guidelines are used to determine if XHLDX stock is Shariah-compliant?
XHLDX is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is Hamilton Lane Private Assets Fund Class D stock reviewed for Shariah compliance?
Hamilton Lane Private Assets Fund Class D's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
