Is BlackRock Capital Allocation Trust (BCAT) halal? Not Halal. Based on AAOIFI screening, BlackRock Capital Allocation Trust has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

BlackRock Capital Allocation Trust

BCAT: Is BlackRock Capital Allocation Trust Halal?

Not Halal

BlackRock Capital Allocation Trust

NYSEFinancial ServicesUS

$15.90

-0.25%

About BlackRock Capital Allocation Trust

BlackRock Capital Allocation Term Trust is a newly organized, non-diversified, closed-end management investment company with no operating history. Its investment objectives are to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust is headquartered in Wilmington, DE.

Sector: Financial Services 路 Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 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% (58.0%)

Basket Composition

85% 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.

37%
58%
Halal37%
Doubtful1%
Haram58%
Unknown4%

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Under Review

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 17, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

Financial Overview

Market Cap

1.7B

Price

$15.90

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:

Free 路 No credit card required

Track BCAT 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.

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is BlackRock Capital Allocation Trust (BCAT) halal to invest in?
BlackRock Capital Allocation Trust (BCAT) 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 BlackRock Capital Allocation Trust get a F compliance rating?
BlackRock Capital Allocation Trust'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 BlackRock Capital Allocation Trust's Shariah verdict?
BlackRock Capital Allocation Trust'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 BlackRock Capital Allocation Trust re-screened for Shariah compliance?
BlackRock Capital Allocation Trust (BCAT) 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 17, 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.