What is Blackstone Long-Short Credit Income Fund's Shariah compliance score?

Blackstone Long-Short Credit Income Fund's (BGX) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Blackstone Long-Short Credit Income Fund pass AAOIFI screening?

Blackstone Long-Short Credit Income Fund (BGX) 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% (BGX: 0.0%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Blackstone Long-Short Credit Income Fund stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Blackstone Long-Short Credit Income Fund (BGX) using the latest financial data.

Where can I screen Blackstone Long-Short Credit Income Fund for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Blackstone Long-Short Credit Income Fund (BGX) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about BGX's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

BGX: Is Blackstone Long-Short Credit Income Fund Halal?

Blackstone Long-Short Credit Income Fund

NYSEFinancial ServicesUS

$10.75

+0.19%

Market Cap: 136.6M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

Basket rule

Over the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

99.3% of 5.0% limit

99% of the basket's holdings were screened individually.

About Blackstone Long-Short Credit Income Fund

Blackstone Long-Short Credit Income Fund is a close-ended fixed income mutual fund launched by The Blackstone Group LP. The fund is managed by GSO / Blackstone Debt Funds Management LLC. It takes both long and short positions to invest 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 loans and fixed-income instruments of corporate issuers, including first and second lien secured loans and high-yield corporate debt securities of varying maturities. The fund seeks to invest in securities rated below investment grade. It employs fundamental analysis using a research-driven credit approach to create its portfolio. The fund benchmarks the performance of its portfolio against a composite index comprised of 70% S&P/LSTA Leveraged Loan Index and 30% Barclays US High Yield Index. Blackstone Long-Short Credit Income Fund was formed on October 22, 2010 and is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

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% (99.3%)

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.

99%

Halal0%

Doubtful0%

Not Halal99%

Unknown1%

Top Holdings

Fidelity Treasury PortfolioNot Halal0.96%Gainwell Acquisition CorNot Halal0.73%Action Environmental GroNot Halal0.71%Freeport Lng InvestmentsNot Halal0.70%Hyperion Refinance S.A R.L.Not Halal0.68%WS Audiology A/SNot Halal0.68%N/ANot Halal0.66%Bain Capital Credit Clo, LimitedNot Halal0.66%Global Medical ResponseNot Halal0.65%Aretec Group IncNot Halal0.64%

Fiscal: N/AData source: FMP-LOOKTHROUGH

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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SLVA+

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PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

CEFA+

Sprott Physical Gold and Silver Trust

$43.28

+4.44%

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Frequently Asked Questions

Is Blackstone Long-Short Credit Income Fund (BGX) halal to invest in?

Blackstone Long-Short Credit Income Fund (BGX) 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 Long-Short Credit Income Fund get a F compliance rating?

Blackstone Long-Short Credit 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 Blackstone Long-Short Credit Income Fund's Shariah verdict?

Blackstone Long-Short Credit 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 Blackstone Long-Short Credit Income Fund re-screened for Shariah compliance?

Blackstone Long-Short Credit Income Fund (BGX) 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: Aug 26, 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.