Does BlackRock Enhanced Capital and Income Fund, Inc. pass AAOIFI screening?

BlackRock Enhanced Capital and Income Fund, Inc. (CII) 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% (CII: 0.0%), (3) interest-bearing deposits below 30% (CII: 0.0%), and (4) prohibited income below 5% (CII: 13.9%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for BlackRock Enhanced Capital and Income Fund, Inc. stock?

BlackRock Enhanced Capital and Income Fund, Inc. (CII) has a non-permissible income ratio of 13.87%. Muslim investors should purify this percentage of any dividends received and capital gains realized from CII 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 BlackRock Enhanced Capital and Income Fund, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for BlackRock Enhanced Capital and Income Fund, Inc. (CII) 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 CII's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is BlackRock Enhanced Capital and Income Fund, Inc. (CII) halal? Not Halal. Based on AAOIFI screening, BlackRock Enhanced Capital and Income Fund, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

CII: Is BlackRock Enhanced Capital and Income Fund, Inc. Halal?

Not Halal

BlackRock Enhanced Capital and Income Fund, Inc.

NYSEFinancial ServicesUS

$25.09

-0.79%

About BlackRock Enhanced Capital and Income Fund, Inc.

BlackRock Enhanced Capital and Income Fund, Inc. is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors. It also invests through derivatives, with an emphasis on writing call options. The fund was formerly known as Capital & Income Strategies Fund, Inc. BlackRock Enhanced Capital and Income Fund, Inc. was formed on April 30, 2004 and is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 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% (20.2%)

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.

73%

20%

Halal73%

Doubtful8%

Haram20%

Unknown0%

Top Holdings

NVDANVIDIA Corphalal7.11%AMZNAmazon.com Inchalal6.53%MSFTMicrosoft Corphalal5.31%GOOGLAlphabet Inchalal4.90%METAMeta Platforms Inchalal4.60%CIENCiena Corphalal3.92%AAPLApple Inchalal3.72%CAHCardinal Health Inchalal3.61%HASHasbro Incdoubtful3.56%CMECME Group Incharam3.29%

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

Financial Overview

Market Cap

1.0B

Price

$25.09

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:

GLDA+

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SLVA+

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ABA+

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IPCXA+

Inflection Point Acquisition Corp. III

$10.31

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AXINA+

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Frequently Asked Questions

Is BlackRock Enhanced Capital and Income Fund, Inc. (CII) halal to invest in?

BlackRock Enhanced Capital and Income Fund, Inc. (CII) 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 Enhanced Capital and Income Fund, Inc. get a F compliance rating?

BlackRock Enhanced Capital and Income 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 BlackRock Enhanced Capital and Income Fund, Inc.'s Shariah verdict?

BlackRock Enhanced Capital and Income 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 BlackRock Enhanced Capital and Income Fund, Inc. re-screened for Shariah compliance?

BlackRock Enhanced Capital and Income Fund, Inc. (CII) 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 · 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.