Does Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. pass AAOIFI screening?

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (DFP) 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% (DFP: 0.0%), (3) interest-bearing deposits below 30% (DFP: 0.0%), and (4) prohibited income below 5% (DFP: 100.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. stock?

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (DFP) has a non-permissible income ratio of 100.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from DFP 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 Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (DFP) 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 DFP's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

DFP: Is Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. Halal?

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc.

NYSEFinancial ServicesUS

$20.25

+0.15%

Market Cap: 415.9M

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (DFP) halal? Not Halal. Based on AAOIFI screening, Flaherty & Crumrine Dynamic Preferred and Income 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.

144.5% of 5.0% limit

88% of the basket's holdings were screened individually.

About Flaherty & Crumrine Dynamic Preferred and Income Fund Inc.

The Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (DFP) is a U.S.-domiciled, closed-end, balanced mutual fund, actively managed by Flaherty & Crumrine Incorporated. Established on May 23, 2013, the fund pursues global investment opportunities, allocating capital across public equity and fixed income markets. Its equity holdings span a diverse range of companies and sectors. A core component of its strategy involves investing primarily in investment-grade, income-producing securities. These encompass a variety of instruments such as traditional preferred stock, trust preferred securities, hybrid securities combining characteristics of both equity and debt, convertible securities, subordinated debt, and senior debt.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 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% (144.5%)

Basket Composition

88% 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.

144%

Halal1%

Doubtful0%

Not Halal144%

Unknown0%

Top Holdings

Liberty Mutual Group, Inc.Not Halal5.18%METMetLife Inc.Not Halal4.38%MSMorgan StanleyNot Halal3.65%LYGLloyds Banking Group PLCNot Halal3.64%Flagstar Bank National AssociationUnknown2.74%Land O'Lakes Inc.Not Halal2.50%PNCPNC Financial Services Group Inc.Not Halal2.32%Provident Financing Trust INot Halal2.30%CCitigroup Inc.Not Halal2.20%FITBIFifth Third BancorpNot Halal1.98%

Compliance History

Not Halalnow
since Jun 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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Free · No credit card required

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Frequently Asked Questions

Is Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (DFP) halal to invest in?

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (DFP) 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 Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. get a F compliance rating?

Flaherty & Crumrine Dynamic Preferred and Income 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 Flaherty & Crumrine Dynamic Preferred and Income Fund Inc.'s Shariah verdict?

Flaherty & Crumrine Dynamic Preferred and Income 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 Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. re-screened for Shariah compliance?

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (DFP) 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 17, 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.