Does BrandywineGLOBAL Global Income Opportunities Fund Inc. pass AAOIFI screening?

BrandywineGLOBAL Global Income Opportunities Fund Inc. (BWG) 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% (BWG: 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 BrandywineGLOBAL Global Income Opportunities Fund Inc. 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 BrandywineGLOBAL Global Income Opportunities Fund Inc. (BWG) using the latest financial data.

Where can I screen BrandywineGLOBAL Global Income Opportunities Fund Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for BrandywineGLOBAL Global Income Opportunities Fund Inc. (BWG) 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 BWG's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

BWG: Is BrandywineGLOBAL Global Income Opportunities Fund Inc. Halal?

BrandywineGLOBAL Global Income Opportunities Fund Inc.

NYSEFinancial ServicesUS

$7.66

-0.26%

Market Cap: 128.6M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is BrandywineGLOBAL Global Income Opportunities Fund Inc. (BWG) halal? Not Halal. Based on AAOIFI screening, BrandywineGLOBAL Global Income Opportunities Fund Inc. 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.

99.9% of 5.0% limit

100% of the basket's holdings were screened individually.

About BrandywineGLOBAL Global Income Opportunities Fund Inc.

The Legg Mason BW Global Income Opportunities Fund Inc. operates as a closed-end mutual fund, primarily allocating its capital within the fixed-income markets. Legg Mason Partners Fund Advisor, LLC manages the fund, with Brandywine Global Investment Management, LLC providing additional co-management expertise. Its investment portfolio is built using a fundamental analysis approach. This fund, established in the United States on March 28, 2012, seeks opportunities globally within its mandate.

Sector: Financial Services · Industry: Asset Management - Income

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% (99.9%)

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.

100%

Halal0%

Doubtful0%

Not Halal100%

Unknown0%

Top Holdings

BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONALNot Halal5.07%LEGG MASON PARTNERS INSTITUTIONAL TRUSTNot Halal4.60%UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICONot Halal3.32%COLOMBIA, REPUBLIC OF - MINISTERO DE HACIENDA Y CREDITO PUBLICONot Halal2.95%UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICONot Halal2.82%BACBANK OF AMERICA CORPNot Halal2.56%MULTIFAMILY CONNECTICUT AVENUE SECURITIES TRUST 2023-01Not Halal2.32%BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONALNot Halal2.22%GRUBHUB HOLDINGS INCNot Halal1.99%EGYPT, ARAB REPUBLIC OF - MINISTRY OF FINANCENot Halal1.95%

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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PHYSA+

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CEFA+

Sprott Physical Gold and Silver Trust

$43.28

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Frequently Asked Questions

Is BrandywineGLOBAL Global Income Opportunities Fund Inc. (BWG) halal to invest in?

BrandywineGLOBAL Global Income Opportunities Fund Inc. (BWG) 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 BrandywineGLOBAL Global Income Opportunities Fund Inc. get a F compliance rating?

BrandywineGLOBAL Global Income Opportunities 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 BrandywineGLOBAL Global Income Opportunities Fund Inc.'s Shariah verdict?

BrandywineGLOBAL Global Income Opportunities 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 BrandywineGLOBAL Global Income Opportunities Fund Inc. re-screened for Shariah compliance?

BrandywineGLOBAL Global Income Opportunities Fund Inc. (BWG) 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.