Does Western Asset Inflation-Linked Opportunities & Income Fund pass AAOIFI screening?

Western Asset Inflation-Linked Opportunities & Income Fund (WIW) 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% (WIW: 0.0%), (3) interest-bearing deposits below 30% (WIW: 0.0%), and (4) prohibited income below 5% (WIW: 100.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Western Asset Inflation-Linked Opportunities & Income Fund stock?

Western Asset Inflation-Linked Opportunities & Income Fund (WIW) has a non-permissible income ratio of 100.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from WIW 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 Western Asset Inflation-Linked Opportunities & Income Fund for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Western Asset Inflation-Linked Opportunities & Income Fund (WIW) 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 WIW's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Western Asset Inflation-Linked Opportunities & Income Fund (WIW) halal? Not Halal. Based on AAOIFI screening, Western Asset Inflation-Linked Opportunities & Income Fund has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

WIW: Is Western Asset Inflation-Linked Opportunities & Income Fund Halal?

Not Halal

Western Asset Inflation-Linked Opportunities & Income Fund

NYSEFinancial ServicesUS

$8.48

+0.12%

About Western Asset Inflation-Linked Opportunities & Income Fund

Western Asset/Claymore Inflation-Linked Opportunities & Income Fund is a closed-ended fixed income mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. It is managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte. Ltd. The fund invests in fixed income markets across the globe. It primarily invests in investment grade inflation-linked securities with an average effective duration of between zero and 15 years. The fund benchmarks the performance of its portfolio against the Barclays U.S. Government Inflation-Linked 1-10 Year Index and the Barclays U.S. Government Inflation-Linked All Maturities Index. Western Asset/Claymore Inflation-Linked Opportunities & Income Fund was formed on February 24, 2004 and is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 13, 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% (134.8%)

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.

135%

Halal0%

Doubtful1%

Haram135%

Unknown0%

Top Holdings

United States Treasury Bondsharam20.98%United States Treasury Notesharam8.84%United States Treasury Notesharam7.74%United States Treasury Notesharam6.50%United States Treasury Notesharam6.16%United States Treasury Bondsharam5.93%United States Treasury Notesharam5.71%United States Treasury Bondsharam5.32%United States Treasury Notesharam4.59%United States Treasury Notesharam3.89%

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 13, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

Financial Overview

Market Cap

518.8M

Price

$8.48

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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Frequently Asked Questions

Is Western Asset Inflation-Linked Opportunities & Income Fund (WIW) halal to invest in?

Western Asset Inflation-Linked Opportunities & Income Fund (WIW) 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 Western Asset Inflation-Linked Opportunities & Income Fund get a F compliance rating?

Western Asset Inflation-Linked Opportunities & Income 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 Western Asset Inflation-Linked Opportunities & Income Fund's Shariah verdict?

Western Asset Inflation-Linked Opportunities & Income 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 Western Asset Inflation-Linked Opportunities & Income Fund re-screened for Shariah compliance?

Western Asset Inflation-Linked Opportunities & Income Fund (WIW) 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 13, 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.