CHWNot HalalF
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Compliance Status

Not Halal

Screened on Oct 17, 2026 · AAOIFI Standard 21 look-through

F

Non-Compliant

0Score

Is Calamos Global Dynamic Income Fund (CHW) halal? Not Halal. Looking through its holdings under AAOIFI Standard 21, Calamos Global Dynamic Income Fund has 5% or more of its basket by weight in non-compliant holdings with a compliance score of 0/100 (Grade: F).

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HalalScreener rates Calamos Global Dynamic Income Fund (CHW) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Oct 17, 2026. Source: https://halalscreener.app/en/stock/CHW

Basket rule

Over the limit

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

44.5% of 5.0% limit

81% of the basket's holdings were screened individually.

Calamos Global Dynamic Income Fund

CHW: Is Calamos Global Dynamic Income Fund Halal?

Calamos Global Dynamic Income Fund

NASDAQFinancial ServicesUS

$7.78

Market Cap: 496.9M

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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 21 look-throughUpdated Oct 17, 2026

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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% (44.5%)

Basket Composition

81% 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.

34%
45%
18%
Halal34%
Doubtful3%
Not Halal45%
Unknown18%
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Screened according to AAOIFI Standard 21

Compliance History

  1. Not Halalnow

    since Jul 2026

  2. 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

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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 by holdings look-through. Each holding is screened individually under AAOIFI Standard 21 and the result is weighed. A fund is halal when non-compliant holdings stay under 5% of the basket by weight.
Why did Calamos Global Dynamic Income Fund get a F compliance rating?
Calamos Global Dynamic Income Fund's grade of F (Non-Compliant) reflects the weighted result of its holdings, not one company's ratios: debt and deposit ratios do not describe a fund.
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 is re-screened as its published holdings change. Last screened: Oct 17, 2026.

Screened by holdings look-through under 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. A fund is evaluated by screening its holdings under AAOIFI financial standards and weighing the result, using 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.