What is Calamos Global Dynamic Income Fund's Shariah compliance score?

Calamos Global Dynamic Income Fund's (CHW) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Calamos Global Dynamic Income Fund pass AAOIFI screening?

Calamos Global Dynamic Income Fund (CHW) 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% (CHW: 0.0%), (3) interest-bearing deposits below 30% (CHW: 0.0%), and (4) prohibited income below 5% (CHW: 43.7%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Calamos Global Dynamic Income Fund stock?

Calamos Global Dynamic Income Fund (CHW) has a non-permissible income ratio of 43.66%. Muslim investors should purify this percentage of any dividends received and capital gains realized from CHW 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 Calamos Global Dynamic Income Fund for Shariah compliance for free?

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

CHW: Is Calamos Global Dynamic Income Fund Halal?

Calamos Global Dynamic Income Fund

NASDAQFinancial ServicesUS

$8.99

+0.00%

Market Cap: 574.1M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Calamos Global Dynamic Income Fund (CHW) halal? Not Halal. Based on AAOIFI screening, Calamos Global Dynamic 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.

58.9% of 5.0% limit

70% of the basket's holdings were screened individually.

About Calamos Global Dynamic Income Fund

Managed by Calamos Advisors LLC and established by Calamos Investments LLC, the Calamos Global Dynamic Income Fund operates as a closed-end balanced mutual fund. This U.S.-domiciled fund, which commenced operations on April 10, 2007, and was previously known as Calamos Global Diversified Income & Opportunities Fund, strategically invests across worldwide public equity and fixed income markets. Its primary focus is on growth-oriented stocks from companies across all market capitalizations, complemented by allocations to higher-yielding corporate and government bonds, convertible securities, and alternative strategies like arbitrage and written call options. Portfolio construction is informed by a robust combination of fundamental and quantitative analysis, meticulously assessing the origin, sustainability, and inherent risks of potential investments. The fund's performance is measured against the MSCI World Index and the Merrill Lynch Global Broad Markets Index.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 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% (58.9%)

Basket Composition

70% 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.

48%

59%

Halal48%

Doubtful0%

Not Halal59%

Unknown0%

Top Holdings

TSMTaiwan Semiconductor Manufacturing Co LtdHalal8.23%NVDANVIDIA CorpHalal4.43%GOOGLAlphabet IncHalal3.91%SSNLFSamsung Electronics Co LtdHalal3.65%BABOEING CO/THENot Halal2.81%HYMTFHyundai Motor CoNot Halal2.06%AMZNAmazon.com IncHalal1.79%IBERDROLA FINANZAS SAUNot Halal1.74%ASMLASML Holding NVHalal1.70%Hyosung Heavy Industries CorpUnknown1.60%

Compliance History

Not Halalnow
since Jul 2026
Under Review
until the change above

Tracked since May 2026. Updates automatically on each re-screen.

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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Frequently Asked Questions

Is Calamos Global Dynamic Income Fund (CHW) halal to invest in?

Calamos Global Dynamic Income Fund (CHW) 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 Calamos Global Dynamic Income Fund get a F compliance rating?

Calamos Global Dynamic 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 Calamos Global Dynamic Income Fund's Shariah verdict?

Calamos Global Dynamic 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 Calamos Global Dynamic Income Fund re-screened for Shariah compliance?

Calamos Global Dynamic Income Fund (CHW) 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: Jul 18, 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.