What is Blackstone/GSO Strategic Credit Fund's Shariah compliance score?

Blackstone/GSO Strategic Credit Fund's (BGB) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Blackstone/GSO Strategic Credit Fund pass AAOIFI screening?

Blackstone/GSO Strategic Credit Fund (BGB) 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% (BGB: 0.0%), (3) interest-bearing deposits below 30% (BGB: 0.0%), and (4) prohibited income below 5% (BGB: 100.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Blackstone/GSO Strategic Credit Fund stock?

Blackstone/GSO Strategic Credit Fund (BGB) has a non-permissible income ratio of 100.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from BGB 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 Blackstone/GSO Strategic Credit Fund for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Blackstone/GSO Strategic Credit Fund (BGB) 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 BGB's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Blackstone/GSO Strategic Credit Fund (BGB) halal? Not Halal. Based on AAOIFI screening, Blackstone/GSO Strategic Credit Fund has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

BGB: Is Blackstone/GSO Strategic Credit Fund Halal?

Not Halal

Blackstone/GSO Strategic Credit Fund

NYSEFinancial ServicesUS

$11.34

-0.13%

About Blackstone/GSO Strategic Credit Fund

Blackstone/GSO Strategic Credit Fund is a close ended fixed income mutual fund launched and managed by GSO / Blackstone Debt Funds Management LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in the loans and other fixed income instruments including first- and second-lien secured loans and high-yield corporate bonds of different maturities. The fund employs fundamental analysis using a research-driven credit analysis approach while focusing on factors like companies which offer attractive risk / return characteristics to create its portfolio. It benchmarks the performance of its portfolio against a composite index comprised of 75% S&P/LSTA Leveraged Loan Index and 25% Barclays US High Yield Index. Blackstone/GSO Strategic Credit Fund was formed on September 26, 2012 and is domiciled in United States.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 11, 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% (160.7%)

Basket Composition

99% 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.

161%

Halal0%

Doubtful0%

Haram161%

Unknown0%

Top Holdings

N/Aharam1.08%Freeport Lng Investmentsharam0.98%Voyager Parent LLCharam0.93%Hyperion Refinance S.A R.L.haram0.91%Colossus Acquireco LLCharam0.90%PRMBPrimo Brands Corpharam0.90%EOC Borrower LLCharam0.89%Osaic Holdings Incharam0.89%Global Medical Responseharam0.89%Clydesdale Acquisition Holdings Incharam0.88%

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 11, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

Financial Overview

Market Cap

506.5M

Price

$11.34

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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IPCXA+

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AXINA+

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Frequently Asked Questions

Is Blackstone/GSO Strategic Credit Fund (BGB) halal to invest in?

Blackstone/GSO Strategic Credit Fund (BGB) 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 Blackstone/GSO Strategic Credit Fund get a F compliance rating?

Blackstone/GSO Strategic Credit 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 Blackstone/GSO Strategic Credit Fund's Shariah verdict?

Blackstone/GSO Strategic Credit 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 Blackstone/GSO Strategic Credit Fund re-screened for Shariah compliance?

Blackstone/GSO Strategic Credit Fund (BGB) 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 11, 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.