Does Blackstone Senior Floating Rate 2027 Term Fund pass AAOIFI screening?

Blackstone Senior Floating Rate 2027 Term Fund (BSL) 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% (BSL: 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 Senior Floating Rate 2027 Term 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 Senior Floating Rate 2027 Term Fund (BSL) using the latest financial data.

Where can I screen Blackstone Senior Floating Rate 2027 Term Fund for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Blackstone Senior Floating Rate 2027 Term Fund (BSL) 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 BSL's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

BSL: Is Blackstone Senior Floating Rate 2027 Term Fund Halal?

Blackstone Senior Floating Rate 2027 Term Fund

NYSEFinancial ServicesUS

$12.94

+0.15%

Market Cap: 168.5M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Blackstone Senior Floating Rate 2027 Term Fund (BSL) halal? Not Halal. Based on AAOIFI screening, Blackstone Senior Floating Rate 2027 Term 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 Senior Floating Rate 2027 Term Fund

Blackstone Senior Floating Rate 2027 Term Fund is a closed-ended fixed income mutual fund launched by The Blackstone Group L.P. It is managed by GSO / Blackstone Debt Funds Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in senior secured, floating rate loans that are issued by corporations, partnerships, and other business entities. It seeks to invest in securities that are rated below investment grade. The fund invests in securities across the maturity spectrum, while maintaining an average duration of less than one year. It employs fundamental analysis using a research-driven credit analysis approach while focusing on factors like companies which offer attractive risk / return characteristics to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Blackstone Senior Floating Rate 2027 Term Fund was formed on March 4, 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

WS Audiology A/SNot Halal0.77%Orbit Private Holdings I LtdNot Halal0.76%N/ANot Halal0.74%Flynn Restaurant GroupNot Halal0.72%Action Environmental GroNot Halal0.72%Aretec Group IncNot Halal0.71%Fortress Intermediate 3 IncNot Halal0.69%Global Medical ResponseNot Halal0.68%N/ANot Halal0.68%FLUTFlutter Entertainment PLCNot Halal0.68%

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:

GLDA+

SPDR Gold Shares

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+0.17%

SLVA+

iShares Silver Trust

$57.44

+0.47%

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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Free · No credit card required

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Frequently Asked Questions

Is Blackstone Senior Floating Rate 2027 Term Fund (BSL) halal to invest in?

Blackstone Senior Floating Rate 2027 Term Fund (BSL) 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 Senior Floating Rate 2027 Term Fund get a F compliance rating?

Blackstone Senior Floating Rate 2027 Term 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 Senior Floating Rate 2027 Term Fund's Shariah verdict?

Blackstone Senior Floating Rate 2027 Term 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 Senior Floating Rate 2027 Term Fund re-screened for Shariah compliance?

Blackstone Senior Floating Rate 2027 Term Fund (BSL) 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.