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

BlackRock Credit Allocation Income Trust

BTZ: Is BlackRock Credit Allocation Income Trust Halal?

Not Halal

BlackRock Credit Allocation Income Trust

NYSEFinancial ServicesUS

$10.12

+0.20%

About BlackRock Credit Allocation Income Trust

BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor's Corporation. It invests in investment grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives. The fund was formerly known as BlackRock Preferred & Equity Advantage Trust. BlackRock Credit Allocation Income Trust was formed on December 27, 2006 and is domiciled in the United States.

Sector: Financial Services 路 Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 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% (158.1%)

Basket Composition

96% 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.

158%
Halal0%
Doubtful0%
Haram158%
Unknown0%

Top Holdings

UMBS, TBAharam7.75%UMBS, TBAharam7.70%VanEck J. P. Morgan EM Local Currency Bond ETFunknown3.00%MOALTRIA GROUP INCharam1.80%BEIGNET INVESTOR LLCharam1.54%VZVERIZON COMMUNICATIONSharam1.38%ORCLORACLE CORPharam1.36%PROGRESS ENERGY INCharam1.29%NORTHWESTERN MUTUAL LIFEharam1.21%NSCNORFOLK SOUTHERN CORPharam1.20%

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 12, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

Financial Overview

Market Cap

944.4M

Price

$10.12

Sector

Financial Services

Industry

Asset Management - Income

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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AllianceBernstein Holding L.P.
ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

Inflection Point Acquisition Corp. III
IPCXA+

Inflection Point Acquisition Corp. III

$10.31

+0.00%

Axiom Intelligence Acquisition Corp 1
AXINA+

Axiom Intelligence Acquisition Corp 1

$10.42

+0.29%

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Frequently Asked Questions

Is BlackRock Credit Allocation Income Trust (BTZ) halal to invest in?
BlackRock Credit Allocation Income Trust (BTZ) 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 Credit Allocation Income Trust get a F compliance rating?
BlackRock Credit Allocation Income 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 Credit Allocation Income Trust's Shariah verdict?
BlackRock Credit Allocation Income 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 Credit Allocation Income Trust re-screened for Shariah compliance?
BlackRock Credit Allocation Income Trust (BTZ) 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 12, 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.