What is Ares Dynamic Credit Allocation Fund, Inc.'s Shariah compliance score?

Ares Dynamic Credit Allocation Fund, Inc.'s (ARDC) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Ares Dynamic Credit Allocation Fund, Inc. pass AAOIFI screening?

Ares Dynamic Credit Allocation Fund, Inc. (ARDC) 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% (ARDC: 0.0%), (3) interest-bearing deposits below 30% (ARDC: 0.0%), and (4) prohibited income below 5% (ARDC: 100.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Ares Dynamic Credit Allocation Fund, Inc. stock?

Ares Dynamic Credit Allocation Fund, Inc. (ARDC) has a non-permissible income ratio of 100.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from ARDC 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 Ares Dynamic Credit Allocation Fund, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Ares Dynamic Credit Allocation Fund, Inc. (ARDC) 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 ARDC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Ares Dynamic Credit Allocation Fund, Inc. (ARDC) halal? Not Halal. Based on AAOIFI screening, Ares Dynamic Credit Allocation Fund, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

ARDC: Is Ares Dynamic Credit Allocation Fund, Inc. Halal?

Not Halal

Ares Dynamic Credit Allocation Fund, Inc.

NYSEFinancial ServicesUS

$12.49

-0.08%

About Ares Dynamic Credit Allocation Fund, Inc.

Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income mutual fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It invests in the fixed income markets of Europe. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, debt securities issued by CLOs, and other fixed-income instruments. It focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio. Ares Dynamic Credit Allocation Fund, Inc. was formed on November 27, 2012 and is domiciled in the 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% (163.4%)

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.

163%

Halal0%

Doubtful0%

Haram163%

Unknown0%

Top Holdings

FREEPORT LNG INVESTMENTS LLLPharam1.87%Crown Subsea Communications Holding,Inc.haram1.59%Peer Holding III BVharam1.53%WMBWILLIAMS COMPANIES INCharam1.48%OTEXOPEN TEXT CORPharam1.44%Databricks Incharam1.41%RR Ltdharam1.38%IRMIRON MOUNTAIN INCharam1.27%BEP Intermediate Holdco LLCharam1.25%INDECK NILES LLCharam1.25%

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

Financial Overview

Market Cap

299.3M

Price

$12.49

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:

GLDA+

SPDR Gold Shares

$388.60

+0.17%

SLVA+

iShares Silver Trust

$60.61

+0.47%

ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

IPCXA+

Inflection Point Acquisition Corp. III

$10.31

+0.00%

AXINA+

Axiom Intelligence Acquisition Corp 1

$10.42

+0.29%

More Financial Services Stocks

JPM

JPMorgan Chase & Co.

Visa Inc.

Mastercard Incorporated

A+

PYPL

PayPal Holdings, Inc.

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

Track ARDC and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Ares Dynamic Credit Allocation Fund, Inc. (ARDC) halal to invest in?

Ares Dynamic Credit Allocation Fund, Inc. (ARDC) 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 Ares Dynamic Credit Allocation Fund, Inc. get a F compliance rating?

Ares Dynamic Credit Allocation 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 Ares Dynamic Credit Allocation Fund, Inc.'s Shariah verdict?

Ares Dynamic Credit Allocation 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 Ares Dynamic Credit Allocation Fund, Inc. re-screened for Shariah compliance?

Ares Dynamic Credit Allocation Fund, Inc. (ARDC) 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.