What is DoubleLine Opportunistic Credit Fund's Shariah compliance score?

DoubleLine Opportunistic Credit Fund's (DBL) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does DoubleLine Opportunistic Credit Fund pass AAOIFI screening?

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

How much purification is needed for DoubleLine Opportunistic Credit Fund stock?

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

HalalScreener (halalscreener.app) offers free Shariah compliance screening for DoubleLine Opportunistic Credit Fund (DBL) 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 DBL's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

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

DBL: Is DoubleLine Opportunistic Credit Fund Halal?

Not Halal

DoubleLine Opportunistic Credit Fund

NYSEFinancial ServicesUS

$14.34

-0.10%

About DoubleLine Opportunistic Credit Fund

DoubleLine Opportunistic Credit Fund is a close-ended fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in the fixed income markets. It invests in debt securities including residential and commercial mortgage-backed securities, asset-backed securities, U.S Government securities, corporate debt, international sovereign debt, and short-term investments.The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Aggregate Bond Index. DoubleLine Opportunistic Credit Fund was formed on July 22, 2011 and is domiciled in the 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% (109.3%)

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.

109%

Halal0%

Doubtful0%

Haram109%

Unknown0%

Top Holdings

First American Treasury Obligaharam2.57%First American Government Obliharam2.57%Government National Mortgage Aharam1.46%Bain Capital Credit CLO, Limitharam1.32%Freddie Mac - STACRharam1.24%Freddiemac Stripharam1.23%Government National Mortgage Aharam1.10%Freddie Mac - STACRharam1.06%Fannie Mae - CASharam1.06%Government National Mortgage Aharam1.05%

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

283.6M

Price

$14.34

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:

GLDA+

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SLVA+

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ABA+

AllianceBernstein Holding L.P.

$36.03

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IPCXA+

Inflection Point Acquisition Corp. III

$10.31

+0.00%

AXINA+

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$10.42

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Free · No credit card required

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Frequently Asked Questions

Is DoubleLine Opportunistic Credit Fund (DBL) halal to invest in?

DoubleLine Opportunistic Credit Fund (DBL) 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 DoubleLine Opportunistic Credit Fund get a F compliance rating?

DoubleLine Opportunistic 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 DoubleLine Opportunistic Credit Fund's Shariah verdict?

DoubleLine Opportunistic 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 DoubleLine Opportunistic Credit Fund re-screened for Shariah compliance?

DoubleLine Opportunistic Credit Fund (DBL) 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.